XAO 0.07% 8,355.1 all ordinaries

Hi guys,This chart is the culmination of what I have learnt over...

  1. 7,636 Posts.
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    Hi guys,
    This chart is the culmination of what I have learnt over 13 hours so far this weekend.
    Can you guys PLEASE let me know if I have made mistakes. This is very important to me.
    This is the CDX chart, a stock I am holding.
    If I knew on 10 Jan what I knew now I would almost be free carried lol.
    I watched a few Top Dog films last night when I became tired from looking at charts, and from those is where I decided to set my indicators and some of the parameters.
    From what I have learnt over the last couple of days, I have decided to use trend lines as my main focus, and the candles as a secondary tool.
    After taking so long just to analyze one stock, I have come to realize that I will never be able to trade like you guys. At the moment, the best I can hope for is to concentrate on 3 or 4 stocks.
    Maybe I will get better with time, but I have found there is an overwhelming array of indicators/candles to which to study and learn.
    Any feedback more than welcome,
    Rick

    https://hotcopper.com.au/data/attachments/1426/1426936-a053b4f1b995928a87387dad9df00f71.jpg



 
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