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Published byJoella Hudson Modified over 9 years ago
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Learning on-Line Fundamentals of Technical Analysis… Using CompleteTrader Tools … and… T - Indicators Tools … and… T - Indicators
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Learning on-Line Learn on-Line About Drawing Correct Down Trend Lines Beginner… Session #3… Using The… Turbo-3… Indicator
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Learning on-Line When The Animations Stop Just Click Your… Left Mouse Button To… Continue… To… Continue… Click Now!
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Learning on-Line Click How… Turbo-3… Turbo-3… Is… Constructed By Being… Compressed… Compressed… Into One Price Bar… One New… 3-Day Price Bar To = Which= One Plot Point… For… For… Turbo-3 It Takes 3- One Day Price Bars
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Learning on-Line Click Turbo-3… Indicator… Is Located On The Three Day Charts… And Is Represented By The… The… Single Red Line! Centerline TURBO-3 3-Day Indicator
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Learning on-Line ClickClickClickClick TURBO-1 (A)=aggressive Down Trend Line TURBO-3 Let’s Compare… Compare… TURBO-3… With… With… TURBO-1… In Time… Let’s Compare A Recent Down Move Of… Turbo-3… And… Turbo-1… Because The Turbo-3 Indicator… Has 3-Days Compressed Into… 1-Price Bar… Its Chart Will Show Differently Than Turbo-1’s! Turbo-3’s Chart Will Cover a Much… Longer Time Period! For… Example! For… Example! Click Centerline 3-Day Indicator TURBO-3 (C)=conservative Down Trend Line Daily Indicator Centerline The Dark Gray Arrow… Shows Where Turbo-1… Broke Out… This Green Arrow Shows Where Turbo-3… Broke Out… About Two Weeks Later Than… Turbo-1! 12-Weeks 10-Weeks This… Gray Area… Area… Represents The Same Time Period… On Both Charts… About 12- Weeks! ClickClickClick Don’t Count On… On… Turbo-3… Turbo-3… And… Turbo-1… Turbo-1… Moving Above Their Centerlines… TOGETHER… Click Remember:… Remember:… If… Turbo-1… Turbo-1… Moves Above Its Centerline… And… Turbo-3… Turbo-3… Does Not Follow… Follow… The Up Move Will Be… SHORT… Click
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Learning on-Line Click Centerline TURBO-3 3-Day Indicator HELX MAY 1999 ClickClick Click Click Turbo-3… Has The Ability To Inform You When A Stock’s Price Will… Go Up… and… Go Down… Turbo-3… Has The Ability To Inform You When A Stock’s Price Will… Go Up… and… Go Down… When You See… Turbo-3… Above Its Centerline… When You See… Turbo-3… Above Its Centerline… The Stock’s Price Goes… Goes… UP… And… When You See… Turbo-3… Below Its Centerline… The Stock’s Price Goes… Goes… DOWN… TURBO-3
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Learning on-Line Click Centerline TURBO-3 3-Day Indicator ClickClick Click Click There There Is… Is… What We Call The… Neutral Zone… On Either Side Of The… Centerline… When You See… See… Turbo-3’s Red Line… Move Close To Its Centerline… The Stock’s Price Will Then… Then… Move Side-Ways…This Tells Us… Us… The Stock’s… Stock’s… Momentum… Momentum… Has Has Turned Neutral… This Means The Stock Is… Trading In A Narrow Trading Range… TURBO-3 HELX MAY 1999 Centerline
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Learning on-Line Click TURBO-3 3-Day Indicator Centerline Click One Function Of… Turbo-3… Turbo-3… Is To Show You… When The… Up… Up… or… Down Moves… Moves… Change Momentum… Negative Momentum Side Positive Momentum Side By… By… Increasing Momentum… Momentum… Or… Dissipating Momentum… Dissipating Negative Momentum Increasing Negative Momentum Increasing Positive Momentum Dissipating Positive Momentum You Can See Below… Below… When… Turbo-3… Turbo-3… Is Below Below Its Centerline… Click It’s Either… Increasing… Increasing… Or… Dissipating Negative Momentum… ClickClick
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Learning on-Line Click When You See The… The… Turbo-3 Indicator… Drop Below Its Centerline… Centerline TURBO-3 3-Day Indicator Centerline
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Learning on-Line ClickClick For As Long As… Turbo-3… Stays Below Its Centerline… That Tells You… A… A… (C)= (C)= Conservative Conservative Down Trend Line… Is Now Located Somewhere Above Above The… Current Price Drop… (C)= Conservative Down Trend Line… (C)= Conservative Down Trend Line… TURBO-3 PRICE And The… (C) (C) (C) (C) Conservative Down Trend Line… Stays Above Above This Current Down Move… Centerline
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Learning on-Line Click TURBO-3 3-Day Indicator Centerline (C)= Conservative Down Trend Line… (C)= Conservative Down Trend Line… ClickClick Extended Click Remember: Remember: The Short Short Term… Down Move… Move… Is Not Over… Just Because… Turbo-3… Turbo-3… Is Moving Back Toward Its Centerline… …That Happens When… Turbo-3’s Red Line… Moves Back Above… Above… Its… Centerline… …Remember:…This …Remember:…This Is Not Not The Beginning Of A New Up-Move… Turbo-1… Turbo-1… Tells Us When That Happens… Turbo-3… Turbo-3… By Going Above Its Centerline… Is Telling Us… The Up-Move That Is Already Underway… Underway… Is Just Being… Extended… Click
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Positive Grid Lines Negative Grid Lines Learning on-Line Centerline ClickClick (C)= conservative Down Trend Line… Turbo-3… Indicator! Turbo-3… Indicator! Break Out Turbo-3 Also Tells You Where The… (C) Conservative Down Trend Line… Should Be Located and Drawn! Turbo-3 Also Tells You Where The… (C) Conservative Down Trend Line… Should Be Located and Drawn! TURBO-3 (C)= conservative Down Trend Line… It Also Tells You From… Turbo-3’s Previous High… To Where It… Re-Crosses Its Centerline… It Also Tells You From… Turbo-3’s Previous High… To Where It… Re-Crosses Its Centerline… All That Price Information… Above… Belongs Below The… (C) Conservative Down Trend Line… All That Price Information… Above… Belongs Below The… (C) Conservative Down Trend Line… ClickClickClick Can You See Where Other… (C) Conservative Down Trend Lines Could Be Drawn? Can You See Where Other… (C) Conservative Down Trend Lines Could Be Drawn? Click Just Like Turbo-1… When You See Turbo-3… Below Its Centerline That Tells You… A… (C) Conservative Down Trend Line… Needs Be Drawn on the Price Chart… Just Like Turbo-1… When You See Turbo-3… Below Its Centerline That Tells You… A… (C) Conservative Down Trend Line… Needs Be Drawn on the Price Chart…
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Learning on-Line ClickClick You Now Need… To Be Aware Of The… Powerful Relationship… Between… Turbo-3… And… Trend-3… You Now Need… To Be Aware Of The… Powerful Relationship… Between… Turbo-3… And… Trend-3… ClickClickClickClick 3-Day Indicators Trend-3… Trend-3… Reveals A Situation That Turns Into A… A… Dangerous Trap… When… When… Turbo-3… Moves Above Its Centerline… Centerline and… Trend-3’s Trend-3’s Red Line… Line… Is Unable To Get Above Its… Blue Line… …This Is A… DANGER AREA… …This Is A… DANGER AREA… Especially When… Turbo-3… Moves Back Above Its… Centerline… Especially When… Turbo-3… Moves Back Above Its… Centerline… …That Tells You… The Up-Move In The Price… Will Be… …And… The Down Move… Is Not Over… …And… The Down Move… Is Not Over… TREND-3 Click TURBO-3 This Up-Move Is Only… A Temporary Interruption… In The… Longer Down Move… Click SHORT DANGER AREA
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Learning on-Line ClickClick If You Find Yourself In This… Dangerous Situation… If You Find Yourself In This… Dangerous Situation… Click Use The… Break Below… An… EW-C (Early Warning… Conservative)…Up-Trend Line… To Tell You When This… Dangerous… Up-Move Is… Over… VTSS FEB 2000 TURBO-3 3-Day Indicators SHORT TREND-3 Centerline
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Learning on-Line Click Remember: Remember: Start Your… Your… EW-C EW-C Up-Trend Line On The… The… Price Lows… We Will Have More On… On… Up Trend Lines… In Another Presentation… Click If… The Price… Breaks Below… The… EW-C… Up-Trend Line… Before… Trend-3’s Red Line… Goes Above The Blue Line… VTSS FEB 2000 EW-C 3-Day Price Chart Click You Must Take That… Price Break Below The EW-C… Very Serious… Even Though… Trend-3… Is Above Its Centerline… There Is Always A Danger… When Trend-3’s… Red Line… Can’t Get Above its… Blue Line… Click EW-C Click Especially… If The… EW-C… Up Trend Line… Is Broken On… The Down Side… FIRST… Let’s Transfer The… EW-C Up-Trend Line… To The Daily Chart… Click (C) (C) TURBO-3 TREND-3 Centerline Centerline DANGER
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Learning on-Line Now… Now… See If You Can Take This Information… Information… And… Apply It To… A… Stock Chart… Step… By… Step… Go To The Session… On… Reading A Stock Chart… Chart… Beginner Session #1 Click
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Learning on-Line This Ends This Session On Beginner… Session #3… Drawing Correct Down Trend Lines
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