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CHART- PFT, page-205

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rick64

7,636 Posts.

196

19/10/20

03:03

Post #: 48186731
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Originally posted by Key Sole: ↑

Great achievement on trying to better your TA skills Rick

No issues with doing a Weekly channel if you are really Long Term, but in this instance as PFT are in our Infancy (6 months) a Weekly will not really show the detail currently, imo

Hence I have been using a 30 Min at this stage, the Daily would also be fine, especially with the support and resistance levels, as a weekly will not show these.

Supports, Resistance and Channels go hand in hand, and are my go to and amalgamate together.

RSI, also ok here to use (I prefer MA & MA Cross), but I am the believer once other TA items as I have stated above, RSI & MA Cross will follow accordingly, but are certainly a key.

Also FOMO and Projected Value, and more so FA are so damn strong here, which may catch us off guard.

Keep working on it, and develop your own Charting skills that will ultimately work for you.

Best thing I ever done from my Trading. follow the trend & Volume

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Cheers @Key Sole
I see where you are coming from re monthly charts, just a few bars to work with. I have been using it on some others such as my mid/longer term holds such as MSB, CNB, RBL, with success. I am just using the RSI, S/R, PP's, EMA's and trendlines now. Too many indicators just confuse things for me.

PFT Price at posting: $1.56 Sentiment: Buy Disclosure: Held
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