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Saturday, July 12, 2008

Aren't You Glad Your Parents Taught You About Fair Play?

It is such a useful concept when it comes to trading in the markets isn't it? I can remember reading a quote about how insider trading and market manipulation used to run rampant through our markets, but thankfully it is largely a thing of the past. "OK Lucy, then splain dis" Check out these two videos.

*Note-If you are new to this site, in these videos you'll hear a lot about "3C Indicator". So you're up to speed, 3C is a custom cumulative indicator created using TeleChart, which can also be used with Blocks and it is based on their own proprietary Time Segmented Volume or TSV. 3C is used to get a feel for accumulation/distribution in a stock/ETF/index through divergence analysis. A negative divergence occurs when price makes a higher high but the indicator fails to make a similar higher high or even goes completely in the opposite direction. Often there will be a series of divergences consecutively. Similarly, a positive divergence occurs when price makes a lower low, but the indicator makes a higher low or in fact makes a new high. They can be difficult to spot at first, but many indicators in technical analysis are based on divergence/confirmation analysis. The video moves pretty quickly through charts, feel fee to pause it and take a closer look at the chart so you can obseve the divergence being discussed.

I have a bunch of custom indicators I use which were created in TeleChart or Blocks including my Trend Channel, MACD Heat-Map, a crossover system and 3C. I'm happy to help you set them up and learn how to apply them. Right now you can get your first 30-days of TeleChart Gold service for FREE. If you want to really crunch some data, BLOCKS is what I use after the market closes. Between these two platforms, I don't even have to open a web-browser and if you are an Ameritrade or Options Express customer, you can trade right from your chart! How about testing the latest, greatest strategy being touted on the net or in a book. Simply drag and drop a few conditions into BLOCKS BackScanner and find out how well it really works. My favorite is BLOCKS capability to chart, yes chart fundamental data. I hate spreadsheets, I hate pretending I'm an accountant, but I do think there's some value in fundamentals. I can charts them all in minutes and compare them to their industries or the S&P faster then an accountant could get out his calculator and sharpen his pencil! So if BLOCKS does all this why TeleChart? You may not want TeleChart, try it and find out, but TeleChart hasn't been voted "Best Software under $500" by the readers of Stocks and Commodities Magazine EVERY YEAR SINCE 1993 for no reason at all. For me, it's comfortable, fast, reliable, simple, and solid. Everything I need to do is hot-keyed and I can do it instantly. If I need more, I jump to BLOCKS, I use both.

Any way, I'm an affiliate, but before that I was a user for 6 years and I'm still a full-price paying customer and always will be. So if you want to give them a shot, I'd appreciate you using a link from my site, or tell them that you heard about them from Trade-Guild.net or use my affiliate number 335. It won't cost you a penny more and it will help this trader keep his wife sane. It's not easy being married to someone who trades for a living-really imagine that for a second....Thanks-Enjoy the videos.




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