Shame you had them modded golden, nearly copied your story to keep as an inspiration oh well.
Thanks @valen1828 are you more of an FA trader then or you scans set up that you normally use.
Just looking at the FMG chart, according to everything I have learnt this is a buy on the weekly based on most everything I have read. The many touches at support, the reversal of EMA's, the turning up of MACD and RSI. The yellow trend line is not really strong as there is only a couple of touches and they are close together. I believe there is a bullish harami followed by a breakaway bar which would be confirmation. The only thing lacking is volume.
This is where I always get stuck, whether to wait for a small pullback that doesn't happen and miss out or jump in from here. Certainly it looks like reward to risk is there. Thoughts?
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 08 Nov
Shame you had them modded golden, nearly copied your story to...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)