http://createwealth8888.blogspot.com/2009/10/who-moves-my-market_24.html
Not really using technical indicators? Why?
I am a Simple Simon and have a simple Lizard Brain and cannot grasp complex relationships among indicators so I focus mainly on Price and Volume, Support & Resistance, and Trend lines.
Understanding Volume?
Increase in Volume
• Confirmation
• Exhaustion
Decrease in Volume
• Congestion
• Lack Of Interest
Support & Resistance:
http://www.investopedia.com/articles/technical/061801.asp
Trend Lines
http://en.wikipedia.org/wiki/Trend_lines_(technical_analysis)
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