Charts of Note

Discussion in 'Trading' started by darkhorse, Feb 28, 2012.

  1. Daal

    Daal

    Why do you believe its better to use the distance of ATR(20) from 200MA, instead of something like absolute mean deviation(also called average deviation) from the 200MA?The reason I ask is because ATR being just a measure of daily price changes doesn't tell you much about dispersion, only the range of the last 20 days. The avg deviation from the last 200 days will quickly tell how how the current price extreme compares to an historical context
     
    #71     Apr 20, 2012
  2. [​IMG]

    When the levee breaks, momma you got to move...
     
    #72     Apr 20, 2012
  3. I don't think it is better, however it is much easier for me to calculate with historical data. If I had charting software that gave me the average deviation then I would definitely look at that, and I'd be interested if there is a better indicator or method for measuring this.

    Another point is that this only applies after a lengthy trend (at least 2-3 months and a good % move for the market in question - the longer and bigger, the better). You can get 'overbought' readings fairly early (1-2 months) in a new trend after a narrow trading range, because the volatility was very low and the MA is flat.
     
    #73     Apr 21, 2012
  4. Wide Tailz

    Wide Tailz

    That looks very ominous. I wonder what Ben is thinking. Will he let it correct ?
     
    #74     Apr 21, 2012
  5. As far as I know Ben does not provide stimulous at highs but at lows
     
    #75     Apr 21, 2012
  6. [​IMG]

    IB gets crushed...
     
    #76     Apr 22, 2012
  7. [​IMG]

    So who's holding AAPL into earnings? :D
     
    #77     Apr 23, 2012
  8. AAPL down +2% premarket -- action could be telling today (earnings after close)
     
    #78     Apr 24, 2012
  9. [​IMG]

    Not the news but reaction to the news -- poor TXN performance on positive guidance bodes ill for semis
     
    #79     Apr 24, 2012
  10. [​IMG]

    No technical support in sight...
     
    #80     Apr 24, 2012