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TNR chart, page-15

  1. 5,708 Posts.
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    W3, I employ FA and TA. I've been doing it for 30 years and it sees me profit plus 95% of the time.

    It is a fine line though.

    If I'm after a day trade, TA and momentum only, if I'm wanting to accumulate in an undervalued stock like tnr, FA, and TA. I entered at 1.6 area 5 weeks ago before the momentum showed up for ta.

    If it rises, I will sell and buy on support and resistance points, but my aim will be to increase shares each time as tnr is an undervalue play to me. I will sell when I believe at correct value and not play it.

    With ta, there are different styles too. You can be a pattern buyer, momentum buyer, or support and resistance buyer.

    I do think each style can be employed solely with sucess along with a volume break.

    I do think FA and TA can Co exist, but you need to turn off FA emotions or TA will fail each time.

    Ie identify targets on FA and play them on TA.

    Thanks for the video, it was a good watch.
 
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