@rick64Tag you here now the w/end thread.
Apols not get to your tags earlier today but one of those Fridays mate.
With regards to KGN and u thinking entries and exits which imo is a great step in your TA journey as shows u working through what your desired outcome is and how to get to it. You will eventually find a mix of information, patterns, indicators that work for you & that's all that really matters.
Like most will say, no one has a perfect system and my aim is just to stack odds more my way if I can. Thanks for your comments earlier re my charts but can honestly say after 4+ years d!cking about with them & so many diff styles & indicators, they are still far from spot on but work well enough for me as yours will for you one day. Almost nightly I am trying diff indicator mixes, styles to refine correlations in moves but work with a core group I'm ok with atm.
Plenty other chart gurus out there on HC. Maybe pop over to Jackos chart thread or even flick through the "charts" tags in the forum menu and see what other people post as well.
I see some knowledgeable posters have already given you some valuable insight & things to consider and I will just add these couple of snips from a post earlier this week (the Rozes one
https://hotcopper.com.au/posts/37342655/single )
6. First review your long-term charts, then your medium-term ones, then short term and finally minute-to-minute charts. Go from a telescope to a microscope.
10. Thinking of the market as being manipulated by Mr. Market as he tries to achieve his objectives has been truly a revelation. I've discovered that Mr. Market’s true intentions are revealed in minute-to-minute charts and money flow.If you are happy following or staying in a general broad trend (daily / weekly) then chart for that but if you can see a potential resist area, indecision even in dojis etc or reconsidering / checking your position then maybe drill down to 15 or even 5 min charts to see what might be happening and decide then what your chart / indicators showing.
KGN for example around 18 - 21 Jan (think that was where you were looking on your chart posted?) Correct me if I'm wrong.
5 min chart below trusting one set of indicators I use, but not exclusively rely on as not generally trade min charts more longer trends if can find
Either way, you can see the bars in 5 mins and what started to happen. That may just give you a diff way of looking at a chart maybe. GL with it mate.
Music from me while here.
(20min delay)
