Sorry to not have replied earlier.
There is nothing wrong with your logic and truth be known I suspect the setting of MA's and other indicators is truly a personal journey.
For what it is worth I like to keep my charts less cluttered (but that is only my personal choice for obvious reasons - too much "noise" affects my capacity to absorb the information - so less clutter is best for me and I show the indicators below the candle chart). Attached is the chart for yesterday
https://www.tradingview.com/x/q4LEkmIj/
What is important is learning how to read the charts and that will take a fair amount of time. Can I suggest that you digest the offerings of @Patterns.
And, I would encourage you to study, study an then do more study. Trading will always be there when you feel you are ready to invest.
V
PS- all this is in relation to day trading, short term and long tern trades follow some similarities but also differ.
PPS- happy to assist at any stage
- Forums
- ASX - Day Trading
- Day traders' after-market lounge June 7
Day traders' after-market lounge June 7, page-40
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
Previous Video
Next Video
SPONSORED BY The Market Online