Interesting...
Looks like the Macro Economics research has paid off....
ISM Non-Mfg Index and FOMC Minutes has really helped the US to shrug the blues from Europe... I'm looking for a rebound on our markets and perhaps across Asia Pacific....
cheers
T10
Hi Macs,
no worries mate... not taken... all good... I see you've got a little emotional on the charts...
I don't know how you do it looking solely on TA- charts for overnight trades/investments.... that's maybe the reason I call you Masta Macs....
My style is different... I'd rather combine TA + FA + Macroeconomics and squeeze all out....
Obviously I use 75% of TA - charting when DT - in and out combined with indicators, market depth, volumes, course of sales, wired info, mates knowledge sharing, etc.... but still the 25% is looking at the markets,,,,
I don't know how you would trade/invest in financials then.... please en light me Masta Macs....
Say for example, the 4 banks.... nowadays, they are so interconnected globally that a Fed Reserve rate move, RBA rate move, Brexit, Elections in US, elections here in OZ, etc etc... will affect the SP quite significantly... look ANZ... almost $1 billion in bad debt...
So, how do you do only looking at the charts for them? and how often you get it right?
cheers
Yes, i see what you mean on Stoch... but, also it will depend on the periods you are using... see my 2 stochs below.... I see you have used Stoch momentum... I've used Stoch RSI
I also see your file named "xpe07062016d" ... i wonder how many alphabetic charts for xpe you've got...
Should be a interesting day ahead
cheers
T10
XPE Charts, page-6003
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