share charting, page-10

  1. 62 Posts.
    Have subscribed to IC for long enough to advise & have been very happy with what they provide. I can access all Aus/OS markets that I want. TA can be as hard/simple as you want to make it for yourself. I have found that the trick to TA is to keep it simple. I get all the info that I need from using a 9/21/150 day EMA MA, & a Volume/TMF(21 day EMA)/RSI(21 EMA) chart. I don't worry about all the other charts as they don't give me anymore info than I can get off a 18 day WMA/closing price crossover chart. It's all a very complex way of coming back to the same simple result. I try to go with the trend but still rely on my own gut feeling (non-professional). I don't profess to be an expert on the stock market but was feeling a bit nervous 3 days ago so I ended up selling 70% of my direct stocks (luckily). I mix different trading styles but currently hold COH CBA LEI QBE WES. I sold CTX today (sorry Goblin) but want to buy back in when the price falls (which it will). Stocks sold 3 days ago were BBG ROC TAP BHP NMS BNB GNS EXL. All were good buys at the time but were heading south so I got out in front. Hope this isn't too long winded a response but I felt you were asking more.
 
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