What happens when the xjo doesn't trade outside the 1hrly or daily chart trigger points?
No trades?
Why can't we do long term trades & supplement them with intraday trades?
That's what I do
Sometimes the xjo only gains 20 points per day for 2 weeks to gain 200 points
I will make more money with intraday shorts for backtesting or topping up long positions for intraday trades then if I just sat on a trade waiting for the daily chart movements
Especially in volatile environments like we have had for 2022
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Last
8,547.4 |
Change
-17.700(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,565.1 | 8,577.4 | 8,525.4 |
| XJO (ASX) Chart |