XJO 0.25% 7,699.8 s&p/asx 200

xjo - macro players pls, page-23

  1. 1,612 Posts.
    I have - 10 years. It is b...dy hard work and anyone who thinks they can master it in a couple of months is an idiot. This is not easy.

    Take notice of those who post regularly and try to help others. I can't help anyone really because I don't have the ability to post charts etc. but I believe TA is the only way to go.

    Analysts, fundamentalists, economonists etc. are all full of BS. All that counts is the chart and the volume. They are the only things that never lie. Look at support and resistance combined with volume and back date your trend lines both vertical and horizontal and try to work it out from there.

    Everyone has a different method of interpretation. I'm not a math person so I can't contribute to this forum on Gann stuff and time by degrees etc. I'm just a simple person who works with very simple MA's and support and resistance and trendlines.

    The only thing I do know is that the global economy is completely stuffed. The Spin Doctors spin all the crap they can. There is nothing good out there and you don't need to be a rocket scientist to work that out.

    Just try to formulate a trading strategy that works for you and stick to it. Any plan faithfully followed is better than no plan at all.

    After all we are just tiny little bits of flotsam and jetsom trying to make a tiny bit of a living whilst trying to avoid the surrounding sharks.

 
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