False signals
One of the most annoying things for technical analysts is dealing with signals that turn out to be false breakouts. Sometimes, this happens because the system is too sensitive, or the price movements are all over the place; it’s like trying to catch a slippery fish.
Dealing with false signals isn't easy. A more cautious approach might wait a long time before confirming a breakout, missing out on potential gains. A smarter way to handle it is by deploying a weight-of-evidence approach. When you see multiple things like indicators and oscillators pointing in the same direction, it's more likely that the breakout is for real.
Inefficiency in less liquid markets
Another limitation when it comes to technical analysis is that it might not work as well in markets that have liquidity problems. Why? Because the prices in these markets can be all over the place and hard to predict. Sometimes, big players in the market can make it look like there's a lot of demand for something when there really isn't.
- Forums
- ASX - By Stock
- BLG
- BLG chart
BLG chart, page-598
-
- There are more pages in this discussion • 309 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLG (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.30M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $1.721K | 73.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1442465 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1193433 | 0.023 |
10 | 771322 | 0.022 |
7 | 410409 | 0.021 |
11 | 542002 | 0.020 |
2 | 52651 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 690816 | 4 |
0.026 | 3845538 | 6 |
0.027 | 1150000 | 3 |
0.028 | 41684 | 1 |
0.029 | 67344 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
BLG (ASX) Chart |