Wednesday, May 21, 2008

Support & Resistance Simplified

Support & Resistance Simplified

"Support and Resistance is perhaps the greatest contribution, and most widely held concept in technical analysis, and has since become an invaluable method for technical trader and investor alike…As founder and president of the nations most recognized research and education facility for traders, MarketWise Trading School's core curriculum and analysis begins with a thorough understanding of Support and Resistance…This excellent primer explains these dynamics and the proper use of S&R using today's technology"

From the foreword by

David S. Nassar, Founder/CEO, MarketWise Trading School L.L.C.

Support and Resistance. It's one of the most basic - and most important - elements of technical trading. Why? Because it eliminates most of the "guesswork" and allows you to make logical, well-supported trading decisions, rather than impulsive, emotion-driven choices.

Now, discover how to apply the true power of this key concept to your own trading program with Support & Resistance Simplified. This easy-reading primer is the first work in decades devoted solely to "S&R". From basic to complex strategies, every nuance and vital new application is explained in easy-to-follow terms. Trendlines, Channels, Chart Patterns, and more - are covered. Plus, find critical insights into…

- What it is

- How it's traditionally used to enhance trading success

- How it applies to Swing Trading - and other popular strategies

- How new technology has made it even more effective for pinpointing entry/exit points with amazing precision

- And - how it can keep you on the winning side of the market

Active traders, market enthusiasts and occasional investors alike enjoy a real market edge using S&R. Now - put it to work for you - with the simplified techniques found in Support & Resistance Simplified.

http://www.amazon.com/Support-Resistance-Simplified-Michael-Thomsett/dp/159280067X/ref=sr_1_1?ie=UTF8&s=books&qid=1211380496&sr=1-1

China Eratat Piercing Line vs Thrusting Pattern


If price closes above 30.5 cents today it will form a bullish piercing line candlestick charting formation. However, if closing today is below 30.5 cents it will form a bearish thrusting continuation pattern. Immediate resistance is the black downtrend line. Next resistance is 20 days EMA resistance line followed by 33 cents resistance. Immediate support is 28.5 cents. Support failure here will result in a test of uncharted depths as price falls towards new lows. A measured move calculation suggests high probable support at 24 cents.

How are genes linked to disease?

Many, if not most, diseases have their roots in our genes. Genes - through the proteins they encode - determine how efficiently we process foods, how effectively we detoxify poisons, and how vigorously we respond to infections. More than 4,000 diseases are thought to stem from mutated genes inherited from one's mother and/or father. Common disorders such as heart disease and most cancers arise from a complex interplay among multiple genes and between genes and factors in the environment.
gene with mutation

When a gene contains a mutation, the protein encoded by that gene will be abnormal. Some protein changes are insignificant, others are disabling.

http://www.accessexcellence.org/AE/AEPC/NIH/gene05.php

DNA Base pairing

Each type of base on one strand forms a bond with just one type of base on the other strand. This is called complementary base pairing. Here, purines form hydrogen bonds to pyrimidines, with A bonding only to T, and C bonding only to G. This arrangement of two nucleotides binding together across the double helix is called a base pair. The double helix is also stabilized by the hydrophobic effect and pi stacking, which are not influenced by the sequence of the DNA.[12] As hydrogen bonds are not covalent, they can be broken and rejoined relatively easily. The two strands of DNA in a double helix can therefore be pulled apart like a zipper, either by a mechanical force or high temperature.[13] As a result of this complementarity, all the information in the double-stranded sequence of a DNA helix is duplicated on each strand, which is vital in DNA replication. Indeed, this reversible and specific interaction between complementary base pairs is critical for all the functions of DNA in living organisms.[1]

Top, a GC base pair with three hydrogen bonds. Bottom, an AT base pair with two hydrogen bonds. Hydrogen bonds are shown as dashed lines.
The two types of base pairs form different numbers of hydrogen bonds, AT forming two hydrogen bonds, and GC forming three hydrogen bonds (see figures, left). The GC base pair is therefore stronger than the AT base pair. As a result, it is both the percentage of GC base pairs and the overall length of a DNA double helix that determine the strength of the association between the two strands of DNA. Long DNA helices with a high GC content have stronger-interacting strands, while short helices with high AT content have weaker-interacting strands.[14] In biology, parts of the DNA double helix that need to separate easily, such as the TATAAT Pribnow box in some promoters, tend to have a high AT content, making the strands easier to pull apart.[15] In the laboratory, the strength of this interaction can be measured by finding the temperature required to break the hydrogen bonds, their melting temperature (also called Tm value). When all the base pairs in a DNA double helix melt, the strands separate and exist in solution as two entirely independent molecules. These single-stranded DNA molecules have no single common shape, but some conformations are more stable than others.[

http://en.wikipedia.org/wiki/DNA