XAO 0.77% 8,633.1 all ordinaries

Short Term Trading Weekend Lounge: 1-3 Feb, page-36

  1. 19,194 Posts.
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    Wilfran, actually I'm not sure I follow, you post forget candle stick patterns, then offer a video on a guy who is using them to trade.?
    What's the difference, he says use them with other indicators (pretty simple stuff, tick), which I do hope all of us experienced guys are, in some form.

    Unsurprising to me, he then uses RSI mainly to confirm trend....and that's exactly a good indicator to use. if not THE best imo.

    I use these candles and indicators for entries and exits only. I have usually come across the stock in the first place due to 2 main things 1. Sector trend and 2. Relative value (FA investor first)

    Candles (only a few of the best as pointed out in reply to Rick)
    RSI
    SMAs (crosses)
    Volume

    That's about my bag of tricks + the HC emotion on a thread LOL...Fear and Greed indicator - the bestbiggrin.png

    But, I would never put anyone off using something unless you have tried it yourself over a period. All tricks should be looked at until you come up with the mix that works for you best. Takes years.



    Last edited by Sector: 02/02/19
 
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