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Yeah I appreciate that Coyotte (I am trying to understand), I was only trying to "predict" so to speak, because I am fairly new to reading charts, and just trying to get a bit of a handle on what I have learnt so far........ (and I wanted to put myself on the "chopping block" by "getting in early"....certainly would not have put money on at that stage...) I realise there is a lot to learn about all this stuff, but I was just happy that, with my limited understanding, I MIGHT/maybe not have been seeing something that was worthwhile doing more testing on.........(and maybe I just got lucky, and what I thought I could see wasnt even there!!)All I can do at this stage is study/read up on what the different indicators are likely to be telling me and try and incorporate that into a broader look at what the market/a particular stock is doing in general (Tell me if this is not the right way to go about it cause I need to know.)In saying that; from a totally "no knowledge" point of view, I reckon that my "interpretation" of charts is improving............but if you can recommend any good reading material to kick me along a bit, that would be appreciated. Cheers.
Yeah I appreciate that Coyotte (I am trying to understand), I was only trying to "predict" so to speak, because I am fairly new to reading charts, and just trying to get a bit of a handle on what I have learnt so far........ (and I wanted to put myself on the "chopping block" by "getting in early"....certainly would not have put money on at that stage...) I realise there is a lot to learn about all this stuff, but I was just happy that, with my limited understanding, I MIGHT/maybe not have been seeing something that was worthwhile doing more testing on.........(and maybe I just got lucky, and what I thought I could see wasnt even there!!)
All I can do at this stage is study/read up on what the different indicators are likely to be telling me and try and incorporate that into a broader look at what the market/a particular stock is doing in general (Tell me if this is not the right way to go about it cause I need to know.)
In saying that; from a totally "no knowledge" point of view, I reckon that my "interpretation" of charts is improving............but if you can recommend any good reading material to kick me along a bit, that would be appreciated. Cheers.
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