Again that depends, what time frame are you looking at? Days, weeks, months, hours, minutes? I use a 5 min chart and a 4181 constant volume chart with a 20 ema and only need to look at a couple of hours. I also look at the daily and like to see about a year, but mostly just to see the big picture. Many, many good books out there on the technicals of trading, John Murphy is a good one to give a great big wide perspective.
From pumpanddumper:"I just hope each day I can change some person who is dumb money to smart money." Really .. won't happen. A fool and his money is easily parted. Thats the way of the world. And the endless supply of ET noobs & wannabes tells the same story day after day.
Are you serious? It looks like hocus-pocus. I'm not flaming, I'm just looking at his number sequence iteration ... and well, it's like you're seeing images in a Rorschach Inkblot Test ... people see what they want to see with those things. I mean, shouldn't a setup be as non-specialized as possible ... there's a word for this, it escapes me at this red-hot moment, if I remember I'll edit the post.
Of course its hocus-pocus - its called Fibs and so many people use it and don't that it's not even funny!