XAO 0.72% 8,695.6 all ordinaries

Short Term Trading Week Starting: 18 Feb, page-60

  1. 4,498 Posts.
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     Hey mate

    Apols delay. Been bit busy. 

    Had a quick look and whilst individual candles & MAs not generally my style / forte I couldn't see too much wrong at a glance. 

    Most of it depends on your style and time frames u working to, which you will work out and get comfy with as u go. 

    When I first started trying TA I too used to look and learn candles as obviously helpful but found over time I was focusing too much on a lot shorter time horizons because of it and also generated a lot of noise, false signals and my lack of interpretation at times. 

    Part the reason I moved to HA candles primarily & bars as filters noise, suits more trend time frames for me and really helped simplify and focus more on doji or shortening candle bodies etc to look for turning points or congestion with other confirmations used. 

    All the best with the learning. Can b painful at times as I'm sure all of us find out at some point, myself more times than I would like haha. 
 
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