SP1 0.00% $1.07 southern cross payments ltd

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    AU:ISX
    iSignthis Ltd. (ASX)
    Delayed quote data

    9/20/2019 04:10 PM
    hide quotedetailed quoteoptions chainadd to favoriteslist favoriteschart help
    Last:
    1.005
    Change:
    arrow+0.08
    Open:
    0.865
    High:
    1.025
    Low:
    0.85
    Volume:
    30,933,040
    Percent Change:
    +8.65%
    Yield:
    n/a
    P/E Ratio:
    n/a
    52 Week Range:
    0.105 to 1.765


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    I have found that the less indicators I use the better for me to hopefully clearly read any buy/sell signals. I don't like distractions. As per the chart above, for me the cross over for the 7 day moving average downwards, the RSI falling below the 50 line were early indicators. The 3 month chart I was using also showed more clearly the MACD crossing downwards. My share trading philosophy is to follow the trend, and to me the trend was beginning to turn. This is my retirement money I am using, and I can't afford to make too many mistakes, so I am always alert to making any exits. I don't rely on stop/losses as they don't work for me.

    My re-entry on Friday was taken due to the Bollinger Bands indicating it was Oversold, the nice strong Candlestick bouncing upwards off the Bollinger Bands, and the MACD turning upwards, and the RSI beginning to re-enter over 50. On the 3 month chart, the MACD crossing downward is an early signal for me to potentially exit a trade. I always follow the trend, the market might not always be right, but I am never going tp argue with it.

    This is my first post using a chart and hopefully you are able to view it properly. Hopefully I am not censured for proving advice, this is just my techniques I have developed over the past 4 years, along with my 9 Fundamental Rules.





 
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