MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS charting, page-1237

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    Hi @Names little
    using the earlier chart template with the MACD entry ...Yes it was stopped out..

    It was a hypothetical and the stop only applied to that entry....You can see on this chart how the MACD triggers are made .I have added the MACD oscillator over the top of the price chart...You can see (circled) how the oscillator is again converging to a sell crossing after todays drop....I used old support levels as a stop to anticipate the MACD trade closure..

    mns19022016a.png

    .So yes that was a good question...As for other stoploss calculations I will post and explain some more of them when time permits..

    Here is my stoploss template to go on with...I must catch the shops for now,,,,cheers
    The stops are the colored horizontal lines below the price at present ..The actual price settings are written across the top of the price section......they are in the 33's etc...other confirmations must also be used when taking the stops..Such as the RSI and Stochastic momentum...
    mns19022016b.png
 
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