I have more than 10 years of experience in trading using technical analysis. In fact i use ichimoku, commodity channel index, moving averages and chart patterns. More often than not i find MACD giving false signals. An example would be to look at the MACD crossovers in this counter seen in September and November. While it "produced" "buy" signals, the counter consolidated or moved lower instead.
Also if you are a professional trader who relies on technical indicators, you don't just rely solely on ONE indicator.
Lastly, while you may prefer to trade using technical's, Fundamentals always stand out for equities in the end.
TA thanks I maybe a freshie to you but who cares??? Hahaha it is going up, when it was .6 I talk about fundamentals some people will come n talk to me about technical .... now it is .785 I talk about technical u come tell me fundamental !! Hahaha ... so what did ur fundamental tell you then??
Did u not see the show at 4pm??? Hahaha I am a freshie please share with me your kungfu we all want money here why not u tell me buy or sell?? I should change my name to Samuel_Oracle hahaha
Invest in equities up few sens, make so much noise simply quoting MACD as your MAIN and ONLY reason to buy a stock.
SamuelLuke:"Hahaha it is going up, when it was .6 I talk about fundamentals some people will come n talk to me about technical .... now it is .785 I talk about technical u come tell me fundamental !!"
I have no idea who are you referring to when you quoted "some people". When it was at 0.60 why didnt you discuss about technicals? because your MACD was still pointing downwards, and you quickly turned to "fundamentals". Now that its edging higher you refer back to your ONLY indicator MACD. What does this show? it shows that you are empty headed and biased.
If you have seen my comments before, i am LONG on this counter but i refuse to celebrate when it is only up a few sens. Fundamentals and Technicals should be used in tandem. While i am much stronger when it comes to technicals, i am well aware that fundamentals should prevail over technicals when it comes to trading equities. Only clowns like you and sarah often shout rubbish, syiok sendiri.
Ok.... I shout “ RrrrrrrrrrrrrrrrrrrrRrrrRrrrRuuuuUuuuubish!!!!” You blow me lo hahahaha can sell or not now let’s not talk rubbish, I did my call previously can you do yours now???? So geng so many technicals???
I where got make him angry I simply don’t wanna him to talk about ichimoku cause when never he mentioned the word will remind me of my friends ichy kuku always saw him scratching there nabeh annoying.....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sarahdeaton
1,609 posts
Posted by sarahdeaton > 2019-02-18 09:32 | Report Abuse
22x gearing? Okok...sell now.