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Posted 11/18/2012 18:50 (#2704472)
Subject: sat.....chart

Theodore, Saskatchewan
Thought I would post this on a different thread. You were correct that the chart was an inverted bean chart. I originally inverted a chart by accident and realized that analyzing it from a different perspective would tell me if I was being biased. For example I have posted the charts below and if you feel that one will go down then you need to feel that the other will go up.... if you know what I mean. When everyone becomes bearish because of the "news" then make sure you are not bearish just for the sake of being bearish.

I was testing myself and so thought I would post it. Some posters will say that they can pick a bottom but not a top, so inverting the chart gives you a chance to see it from a different angle. The charts here now have SMA 18 , 45 and 110.

I personally use the longer SMA to represent value and then you know how far price is from value. Value can be increasing or decreasing while price is highly volatile.

Anyways it was an exercise to see things differently

(Fullscreen capture 18112012 53647 PM.jpg)

(Fullscreen capture 18112012 53716 PM.jpg)

Attachments Fullscreen capture 18112012 53647 PM.jpg (98KB - 35 downloads)
Attachments Fullscreen capture 18112012 53716 PM.jpg (94KB - 37 downloads)
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