Best time to buy a security is:
1 when, the price moves towards long 1, 2, 3 i.e. blue zone.
2 when, the price moves towards short 3 (trigger), i.e. red zone and respects it, followed by a move up.
3 when, the price moves towards long 1, i.e. purple zone and then respects short 2, followed by a move up.
4 When, the price moves towards long 3 (trigger) i.e. blue zone, breaks through or closes in that range.
You may reverse the trade and go short at long limit or reverse the trade and go long at short limit.
These figures are all valid estimations to be used as a reference only.
Prices may be subject to revision on short notice; when long or short limit prices are achieved. I must add that our market has triggered a strong sell signal on the 18th of May. This is telling us to stay out of the market until the end of January 2011.
AUD
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