Welcome to the 12th edition of my (fortnightly)
BullCharts software Tip Sheets, focussing on tips and hints regarding
the Australian BullCharts charting software package.
I am always happy to receive feedback and suggestions for these Tip
Sheets. Or if anything in a Tip Sheet is not clear, please feel free to
contact me to ask about it (by email or phone).
Please note the new Hands-on Trading Workshop that
I am running over the next 2 weeks - details in the side bar
on the right. A fantastic opportunity to try safe CFD trading
on an overseas market in the early evening - and it's not your money.
It promises to be a fantastic event. At the time of writing there are
only a couple of seats left. So you need to be quick.
In the first article below I have some special news about my monthly
eNewsletter articles that have been running now since October 2008. The
news includes special reduced pricing.
Also, in this Tip Sheet below I focus on the BullCharts "Workspace" -
what is it? how to manage it? and the new Workspace Manager now
included in BullCharts version 3.8.x.
It can be very handy to understand the concept of a BullCharts
Workspace, and how it works. It can save you a lot of time in your
routine analysis and review of price charts.
But because these Tip Sheets are intended to be short quick snippets of
information, there is a lot of detail that I can't include here. But
the good news is that there will be a lot more about Workspaces in the
April edition of my monthly eNewsletters. If you subscribe now, you
will have the April edition for free, as well as the next few months
editions (see the links below and at right).
The March edition of my monthly e-Newsletter was released a couple of
weeks ago. It includes information on the various toolbars, and stock
codes, as well as two indicators - OBV and Bollinger Bands. Last month
I covered IntelliCharts, amongst other things. Have a quick look at the
recent Preview versions:- You can click here for more details
about Brainy's Monthly eNewsletter articles (on Technical Analysis,
Share Trading and BullCharts), and to view all the articles in the
first one, or a preview of each month's articles.
Please feel free to send me feedback, or
requests for additional topics for these Tip Sheets or the
monthly eNewsletter articles.
Good luck with your trading.
Robert ("Brainy") Brain
(Contact details below.)
Topics in this Tip Sheet edition:
- what is it?
- how to manage it?
TipSheet might look strange?
I have reduced the
subscription rates for the monthly eNewsletters.
Due to the GFC (global financial crisis) times are tough for everyone,
so I want to make my eNewsletters more affordable. So I have reduced
the rates for a short while. Now is a good time to take advantage of
this, while the special price reduction lasts. No risk - full money
My monthly eNewsletters were launched back in October 2008. Since then
I have written no less than 25 separate articles of up to 4 pages each.
These articles cover three distinct topics: Share Trading, Technical
Analysis, and BullCharts.
Have a quick look at a recent Preview version, or download all of the
first month's articles for free:- You can click here for more details.
Please feel free to send me feedback, or
requests for specific topics.
The April edition is now being written, and will include lots of
information on BullCharts Workspaces, and how to use them.
|Workspace - what is it?
What is a BullCharts "Workspace"?
Let's say you are running BullCharts, and you have three price charts
open. You might be a day trader who trades Index CFDs, and you are
looking at a 1- minute chart of the XJO index (ie. the S&P/ASX
200), and an hourly chart, and a daily chart. Or you might be a longer
term trader/investor, and viewing a daily, a weekly and a monthly chart
for a specific stock.
This might look something like the tiny sample screen shot shown here.
If you click on the picture, a larger image will display for you.
While we are looking at that chart, if you are interested in the
detail, you might notice that there are various lines and text items on
each of the three charts. In this situation I have turned the
IntelliCharts feature on, and I have ticked the option to "Save
different IntelliCharts for each time period". There are more details
about IntelliCharts in the Tip Sheet #2 (see the Tip Sheet archive), and also in
Brainy's monthly eNewsletter article number BC-06-100 published in
February this year (see page 6 of the preview file here).
Now, exactly what is a Workspace? It is the information that describes
the way the BullCharts screen looks, and which price charts are
displayed. In the sample here, it is the three price charts, laid out
the way they are, including the displayed security and the details on
the charts. All of the information that describes this is stored in a
text file on your local computer.
You can "save" the current screen layout as a new Workspace. Then if
you want to view the exact same combination of charts again at some
future time, simply Open the Workspace.
You can have multiple Workspaces saved. And since BullCharts version
3.8 there is a special Workspace Manager tool to manage them.
|Workspace - how to manage it?
Each BullCharts Workspace that you save is
stored as a separate file on your computer's disk drive. Most of the
time you won't need to know about this.
Each time you "Save Workspace", you create a new disk file, and you
have to give that Workspace a name, which becomes the name of the disk
file. You can use "My Computer" (Windows Explorer) to navigate to these
files and delete or copy them. You can even attach them to an email
message and send them to someone.
With a Workspace open, it is easy to quickly close all the price
charts, using the "Close Workspace" menu option. Even without actually
saving the workspace, if you have one or more price charts displayed,
then this is actually a Workspace whether you have saved it or not, and
you can close all price charts using the "Close Workspace" menu option.
Once you have multiple charts open, the Workspace Toolbar becomes
active (see the screen shot above). A detailed description of the three
toolbar buttons won't fit in this Tip Sheet; but will be included in
the April edition of my Monthly eNewsletters.
With BullCharts version 3.8.x, there is now a Workspace Manager. See
the next section below for a brief introduction.
|Workspace Manager (3.8.x)
From BullCharts version 3.8.x there is now a
Workspace Manager included to help you manage your Workspaces. It is
included in the "Security Manager" function - the window panel that is
normally displayed at the right-hand side of the BullCharts window. You
can display/hide this using the F8 function key, or the appropriate
Tools menu options.
If you undock the panel from the edge of the BullCharts screen and let
it float, you can resize it to look something like in the sample screen
The Workspace Manager makes it easy to:
You can also easily do the following with the
- See a list of the saved Workspaces.
- Open a Workspace from the displayed list.
- Create a new Folder to help group similar
Workspaces together (as in the sample screen shot above).
More information about how to use the Workspace
Manager will be in the April edition of my Monthly eNewsletter
- Add a new.
- Delete one.
- Copy one.
Good luck with your trading journey, and your increasing knowledge of
the BullCharts software package.
More details on some of the topics in these
Weekly Tip Sheets are included in Brainy's Monthly eNewsletters that
are available to subscribers (for a very modest amount). Feel free to
click on the relevant link at right to view samples and more details.
These weekly Tip Sheets for BullCharts* users are intended to be short,
quick grabs of information. They are not a replacement for the monthly
detailed Brainy's eNewsletter articles, which cover these same topics
but in much more detail. The eNewsletters articles also cover Technical
Analysis and Share Trading topics.
Also see the BullCharts on-line help (in BullCharts, hit the F1 key),
and the relevant User Guide Chapter for more details (this is supplied
with the software and copied to your hard drive as a PDF file).
Note: Any screen shots shown in this newsletter are snapped from
BullCharts version 3.8.
FEEDBACK? - I am very keen to receive feedback about these weekly
BullCharts Tipsheets. Please feel free to email me with comments, or
suggestions. Contact details are included below.
* - BullCharts is: "...an
innovative charting and technical analysis system. It provides a
feature rich and powerful set of tools with access to the latest
strategies from local and overseas authors in analysing the dynamics of
the stock market."
|This TipSheet might look strange?
This TipSheet has been composed in HTML and
distributed using an online service, and is intended to be viewed in
HTML (ie. web language) format. Some parts might look a little strange,
especially if you are viewing a basically text-only version. I am
working on a text-only version.
We have also found that some web-mail clients (eg. Hotmail and Yahoo
mail) can mess up some aspects.
Please feel free to send me feedback
if anything looks strange.
Good luck with your trading.
Robert ("Brainy") Brain
A fantastic 2-hour hands-on workshop session where
you can really trade CFDs in the early evening on an overseas market.
Find out what it is really like to trade
CFDs - using signals on a 1-minute price chart.
Been thinking about getting into share trading or CFDs, and not sure
where to start?
In this hands-on workshop we will:
But not only that, you will learn about:
- Open a demo account with a CFD broker;
- Trade CFDs;
- Trade an overseas market;
- Trade in the early evening.
In a real trading room at TCT Australia in South
Yarra. How to maximise profit and reduce risk in today's market
- CFDs - what are they?
- How to go short (ie. sell them without
- How to read price charts.
- Support and Resistance.
- The Parabolic-SAR indicator.
- How to use Trading Plans and Strategies
to improve your trading success.
Using "fantasy money" so you can really go for it - no holding back.
More details including information on how to register are on my
web site. You can register at my secure outsourced OnLine
Shop with credit card or PayPal, or print the registration form and
send it in the mail (but if sending by mail, please ring me first to
reserve a seat).
The workshop venue is the real trading room of TCT Australia - a
company that specialises in providing training and mentoring to
traders. Their best selling product is the Live Trader Program (LTP),
which includes some theoretical online video training, and 5 days of
hands-on realistic and mentored trading practise in their trading room
(using a practise trading account with $100,000 of play money).
Feel free to contact me for further details about this program. Or talk
with the TCT staff, and tell them you heard about the program from
Robert Brain. If you are keen to do the LTP program; but the price
might be a stumbling block, then call me and we can talk about the