I had a good laugh when I read your post on my phone last night....

I had a good laugh when I read your post on my phone last night. I thought I'd reply today due to being out for Thursday night drinks

Maz says hi and had a good laugh too. As long as I'm making money she's happy. A profit is a profit big or small. Maz wants to go on a big overseas holiday. I may have to apply some more risk then I have a family of 5......

I was trying to illustrate managing $100k cash balance in the market purely using charts. The same principle would be used for $1M and so forth. I look at the charts first and the fundamentals second these days.....

Since I'm on a chart thread, I'd better post one.....

The areas circled in red below (post consolidation chart) would indicate a very profitable trade using the 200ema. A long position at $0.15 (above 200ema) and sold when it retraced back to the 200ema. I've also highlighted using a trailing stop to maximize and take large profits.



Take care Fish and have a good weekend.....