RAC 1.11% $1.83 race oncology ltd

Thanks for your reply W3. You are correct in stating most wont...

  1. 605 Posts.
    lightbulb Created with Sketch. 276
    Thanks for your reply W3. You are correct in stating most wont get it...well me anyway.
    However I can see how a higher low combined with a close above the 13ema is a signal to buy...and hold till the reverse occurs.
    The trade initiation seems to be dependent also on fibonacci levels to confirm. I guess this may be what you mean by compound momentum?
    Otherwise you could be in and out multiple times without the definitive signals...?
    I need to understand fib levels and their role in combination with ema's etc, but can see the basic hold till crossover ema.
    Think I get some of it, so thanks again. I'll try to understand more as I go.
    Whilst I appreciate your explanations, please don't elaborate any further today.
    It's Friday, and I've just cracked my first lemonade, so my already low IQ will be lowered further in the next few hours.
 
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