EAR 0.00% 32.5¢ echo resources limited

Multi Million Ounce Deposit in Kalgoorlie, page-33

  1. 4,108 Posts.
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    Hi @stayer  not thinking i am clever at all rather a belated "penny dropping" from my perspective. Whilst I think FA analysis is great (not just reading HC threads but real FA) the $$$ activity is in the market and hence a few simple TA disciplines will you thousands and make you many more.  Too many people get hooked into HC threads and all the BS that goes with it.

    for me Price and Volume a key facts which are not disputable that the market is revealing to you.  Opinion is there to influence retail mugs.

    Price and volume (ie RMSCs post) tells you what the market is doing, thinking etc

    huge volume today however very little NET price change at end of day.  Why is that ? The patterns of Price and volume repeat over and over so probability of future price movements are made more predictable.
     
    Again not trying to be clever just working with the market.

    Cheers
 
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