IMU 4.82% 7.9¢ imugene limited

Yeah good work, diagonals tend to get blown out of the water...

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    Yeah good work, diagonals tend to get blown out of the water quite easily and I just couldn't make entries or exits from them. I guess it's just what you get used to and what you use every day. No doubt the guys using them would have backtested their system but really I think they're used mainly on HC for spectating purposes. I think they are quite handy for an overall trend assessment (Jabra does this) and just today I've answered a question elsewhere about the XJO by drawing this.

    https://hotcopper.com.au/data/attachments/6063/6063106-d09ad48fc9fe50897d3e131a714a60f2.jpg

    But for a more weightier shorter term with a view to trading I need to stick to horizontals.

    Cheers


 
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