17 February 2007
TA Essence in my trading system
trend - most important, intermediate and long term trends measured by using simple multiple moving avearges must be up, there are about 200 counters only in SGX passed this filter, watchlists are constructed based on this filter.
price pattern - secondarily important, the nicer the better, the bigger the better, based on classical TA theory.
volume - must match with price actions based on classical price volume relationship theory.
gap theory - breakaway gap and exhaust gap most important, linking with price pattern and volume
Japanese candlestick theory
Elliott wave theory
classical technical indicators - MACD and TRIX
trading capital risk management system - not TA but based on TA
I'll write a TA book based on this trading system after making $100m.
trend - most important, intermediate and long term trends measured by using simple multiple moving avearges must be up, there are about 200 counters only in SGX passed this filter, watchlists are constructed based on this filter.
price pattern - secondarily important, the nicer the better, the bigger the better, based on classical TA theory.
volume - must match with price actions based on classical price volume relationship theory.
gap theory - breakaway gap and exhaust gap most important, linking with price pattern and volume
Japanese candlestick theory
Elliott wave theory
classical technical indicators - MACD and TRIX
trading capital risk management system - not TA but based on TA
I'll write a TA book based on this trading system after making $100m.
Labels: Stock Trading System
Comments:
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Hi TopTrader!
Can you drop an email to decipherlabs@yahoo.com.sg.
I have something to discuss with you.
Thanks,
Dec
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Can you drop an email to decipherlabs@yahoo.com.sg.
I have something to discuss with you.
Thanks,
Dec
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