For those students who use VectorVest “Midas Touch” long term investment strategy. The calculation of MA Stop and MA is different. I can hardly align exactly SMA to MA Stop, therefore the crossovers appear in this graph are slightly difference. First of all, please go to VV University to learn how to use Midas Touch strategy for long term investment. Then, study...
This is a very good trend-base demonstration for beginners. The Left graph simply told you how to spot the swing point for the best place to enter your position. I believe all of you have excellent Mathematics skills, but I am not sure whether you are familiar with the bars / candlesticks addition. Therefore, I circled the bars for you there. Again, this stock...
Many beginners are driven by their emotions based on what they see & hear from any trading resources. The Market Execution BUTTON is evil, just one click one second, they sometimes regret what they did. I like to teach my students how to analyse not by a glance, but in details on the price actions. I sometimes challenge them there are different point of views...
With the help of VectorVest, we knew that the Aussie stock market just reverse from the bottom on 22-Jun. Therefore we apply a Bottom Fishing strategy called "VST Mighty Mites" Parameters modified as follow: • Sector <> Energy, Materials, ETFs, Telecom Services, Utilities Results of Top 5 stock descending by VST*GPE/RT are HPI.AX, RFF.AX, GDI.AX, CDA.AX,...
There are no big differences between red and green low test bar. The important thing you need to know is the read the price actions correctly. Ask yourself many “W” types of questions, such as: • Why is there a low test bar near $2.05? • Why is there a low test bar near $2.17? • What prices are significant support and resistance? I believe this is a correct way...
I still remembered my coach told me to find the evidence of any reversal signals and notice the change of price action on each individual bars. I labelled herewith a higher high (HH) to show an uptrend formation. When we want to LONG, we look for any evidences to show many HH, and later the price action breaks the red down-trend line in this case (yellow spot)....
A2M is currently struggling at $3.90. On the 4h chart, can you see a long wick high test bar? On the D chart, can you see a hanging man? High test bar and hanging man are bearish candlestick pattern. I do not recommend buy this stock.
This is a 60 min time frame, indicators required: Stochastic oscillator with parameter 8,3,3 8 EMA & 20 EMA When to buy if you missed the boat of EMA crossover on 16-Jun Mind Read: 1) Any Fibonacci Retracement Level? Answer: 23.6%, 38.2% (=S1) 2) Wait for reversal signal (black up arrow), did it close above 8 EMA? Answer: Yes 3) Stochastic (8,3,3) shows price...
This time we combined 3 different timeframes in the same screen. They are 60mins, 240 mins and daily. We keep 8 EMA & 20 EMA on each charts The charts on different timeframe showed an uptrend, we can simply create a channel with the same base to that up-trend line (orange), and move the top line of that channel to the previous highest price around 0.86. The...
With the help of VectorVest, this stock was filtered in the Unisearch Bottom Fishing strategy in 5-Jun-2017 Parameters edited into: EPS < 0 RT > 1.0 CI > 1.65 Sector <> Energy, ETFs, Telecom Svcs, Utilities Results of Top 5 stock descending by VST*RT are BBX.AX, BIG.AX, GSC.AX, DNK.AX, TAW.AX After seeing the graphs, only BBX.AX and BIG.AX to be...
Some analysts use many indicators to help them for decisions making. Some are not. It depends how much experience they have in this field. When I was learning civil engineering, my lecturer told all his students to remember this rule. "We don't need calculators or portable computers to to calculate bending moment when we are on site, the foremen and labours will...
In this graph, I used stochastic oscillator with parameter 8,3,3 The crossover worked well. Price actions showed it performed in trends by two times in 18 - May & 30 - May respectively. When to buy ? Mind Read: 1) There is a hidden bullish divergence follow points 1 & 2 (black) and 2 & 3 (black). 2) Strong low test bar at point 3 (black) 3) Double inside...
We have seen a 4 days rejection at 0.7631, we may assume this is a pretty strong resistance level. AUD/USD will make a correction and the best buy maybe 50% Fibonacci Retracement. (0.7500)
In this graph, I tested a programmer’s indicator called “ADX and DI with SMA on this stock. The crossover worked well by its default SMA value (10). Price actions showed it performed as a trend. Therefore, we apply Fibonacci Extension to see where we are looking to take profit. When to buy ? It really depends what investor you are: Aggressive or Prudent ? You...
In this graph, I tested a programmer’s indicator called “ADX and DI with SMA on this stock. The crossover worked well by its default SMA value (10). Price actions showed it performed as a trend. Therefore, we apply Fibonacci Extension to see where we are looking to take profit. When to buy ? It really depends what investor you are: Aggressive or Prudent ? You...
There are a lot of sensitive news around the world about bitcoin regulations. No matter what the reporters or editors talking about, I still prefer technical analysis. On 15 Jun, we saw a strong low test bar which stood strongly Fibonacci Retracement 50% level. It gave us a nice uptrend base line. Although the bears have already slashed 27% in the last few...
We had this stock in the Bottom Fishing strategy by VectorVest on the night of 2nd June. Most people like different indicators, but they may not know how much successful rate of their favorite indicators give. Most of the indicators are calculated by using moving averages. I still remembered my coach taught me to avoid these moving averages as named “MOVING” many...
We are preparing this currency pair to hit 0.7470 LONG: Another U-turn to 0.7720 resistant zone? SHORT: When price hit below 0.7610, it formed a new cycle, we target to take the money at 0.7470 again for quick money. And then another order to target 0.7265 125% (modified Fib Ext) instead of 0.7225 (for Box trade) The chance of SHORT is higher than LONG, simply...