Friday, March 05, 2010
And, while waiting for the consolidation to break, you can mosey over to the real time trackers on the right side of the blog panel to see how the Qs and GE are doing. I've recently updated these 3 vignettes, as well as the GE VIXEN and the full Qs tracker further down. All 5 FSC charts are now set to 60 bars, which improves the definition of the signals and avoids possible misinterpretation. The Volatility and Qs Prognosticators display a little algorithm that hopefully captures turns in both trending and trading range markets, while the lower (and bigger) GE and Qs charts contain a different set of indicators designed to display momentum.
I use these simple 3 real time vignettes every day to guide my Qs trades. When I see an alignment of the windows as shown below I pay attention because the short term 6 bar (yellow) linear regression lines have all tipped into a confirming pattern that translates into a high probability setup from my experience.