LYC 0.34% $5.93 lynas rare earths limited

todays chart, page-63

  1. 4,709 Posts.
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    Hey Jezza,
    sorry this is now my fourth attempt to answer you, each attempt before has seen my phone eat my post, and each attempt is shorter and shorter.

    Elliott is always near the top of the go to list. Not so much for trade strategies but more for his understanding of structures and how everything fits together. His work paved the way for some extremely good strategies. I don't know many good Elliott theorists that have done well, but I do know many that have used his work as a basis for their own that have done extremely well.
    We are all ultimately here to find the third and C waves.

    DiNapoli is very good as far as Fibonacci work is concerned, I also like Darvas for its simplicity. Never under estimate a good trend strategy.

    If you really want to get deep into bar analysis Steve Nisons work is very good, be prepared to have your brain fried though.
    Chris Tate for a local educator isn't too bad, especially for those fairly new to TA.

    You are right, you need to work out what's right for you. The only people I ever really share work with are those that trade similarly to myself. Telling a daytrader what I like would be a waste of time. Just don't fall into this trap of believing that TA needs to know what's going on all the time. You only need to know what's going on when momentum says it matters. Fib time analysis and volume work alone will get you miles in front when it comes to working out the 'when'.

    Cheers
    Last edited by Wayward1: 09/05/17
 
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