TA Challenge: Get to know TD Sequential 9 in one chart
By adding the TDS 9 indicator to AMZN's daily candlesticks chart, you can see three bearish TDS 9 structures between August and November 2022, all followed by a bottoming-out phase. However, it is worth noting that reversals do not always occur immediately, and the degree of reversal varies.
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy. Past performance is not indicative of future results.
Tap the following posts to take on more challenges and win rewards!
>>Post your TDS 9 charts and analysis to win stock cash coupons
>>How can I enhance the reliability of TDS 9?
>>Post your TDS 9 charts and analysis to win stock cash coupons
>>How can I enhance the reliability of TDS 9?
Review the previous TA topics:
1. MA: How do you identify trends with moving averages?
2. BB: Breakout? Reversals? How to use Bollinger Bands?
3. RSI: How does RSI tell whether a stock is overbought or oversold?
4. KDJ: A short-term trading tool you can't miss
5. PSY: Emotional trading is bad? PSY doesn't think so!
6. SAR: How to use the SAR to spot reversal signals?
7. BIAS: A day trading tool for the rebound
8. OBV: Forecast market moves & spot reversals
9. Support levels: Chart to find breakdown stocks
10. TA Challenge Special: Can you solve the trading clues?
1. MA: How do you identify trends with moving averages?
2. BB: Breakout? Reversals? How to use Bollinger Bands?
3. RSI: How does RSI tell whether a stock is overbought or oversold?
4. KDJ: A short-term trading tool you can't miss
5. PSY: Emotional trading is bad? PSY doesn't think so!
6. SAR: How to use the SAR to spot reversal signals?
7. BIAS: A day trading tool for the rebound
8. OBV: Forecast market moves & spot reversals
9. Support levels: Chart to find breakdown stocks
10. TA Challenge Special: Can you solve the trading clues?
Disclaimer:
This presentation discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.
This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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scrapqueen : Still having trouble identifying on my own and will have to keep practicing. Do I look for higher closing price than the prior 4 candles on an uptrend and then look for lower closing price than prior 4 candles on downtrend? Having those 4 prior candles labeled would be helpful visual aid.
funny Giraffe_6930 : charting is hard for me , don't understand
WackyWong :
David 889 : TDS9 Add CACB signal is better!
MooMamaLlama : agree, being able to label those and see a trend forming on tds9 would be helpful.
but when charting for my investments I stick to what I know, and try to learn something new to implement now n then also
For super simple charts I'll use it with my 3 base tools, macd, rsi, Bollinger. I do like checking against others sar, obv, different MA's, etc and enable most tools at some point on the same chart. Get a better idea of what volume and sentiment is pushing a trend, thus hopefully a better idea of whether its a trending reversal or just a small rebound on the way down... helps with DCA also.
I'm still learning so I like to try everything
DavidBeeby MooMamaLlama: great!
DreamMighty David 889: Do you often use it in your real trading?
DreamMighty scrapqueen: It does seem to be very visually helpful
LalalanaRI : There are so many indicators that can be used! I still need to learn
MACKGforEver : I'm not familiar with the application yet, keep practicing~
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