Technical Analysis System Guide Chart Nexus Training PDF

Preview

Summary

Exercise and practice...

Description

Technical Analysis Training @ 21.2.2019 ChartNexus.com

Username: Sukor2018 Password: welcomeninja1995 EOD – end of data

Download data for Malaysia only

Firm listed in Malaysia arranged alphabetically

Click line

Use daily chart

Timeframe

Drawing tolls

Draw line

Support and resistence

Pattern - penant

Price information

Moving average 1– edit 21 days (Short term)

MA 2 (intermediate terms – 50 days)

Buy signal (intersection of ST MV with price) – when = 7 feb 2018

Note – MA is a not a strong trading signals

MACD

Note: Draw line at peak AND at through

Note – buy signal > opportunity between 9-28 Jan 2018

Overbought area (people are buying) – strategy you need to sell

MACD - upper waves (stock overbought – strategy to sell); lower waves (stock oversold – strategy to buy)

RSI

RSI- Buy signals

ROC (rate of change)

Stochastic

Read the black and the blue lines Stochastic indicates overbought

Bollinger band (dotted loines)

Bollingerband (buyoing signals)

Bollingerband (selling signals)

Copy Charts

Analysis and recommendations

Refer to text book how to analyse…

If using Candlestick (read candlestick characters)

If using Barchart (read barchart character)...