kgiap123

CASE STUDIES : Trade JAKS with 3 Indicators.

Education
MYX:JAKS   JAKS RESOURCES BERHAD
Many gurus out there urge his follower to BUY JAKS because of GOOD FUNDAMENTAL..
Fundamental Guru call to buy JAKS at 1.18 because they think that it's already at support and under value...
Guess what, it drop more than 20% in 5 days after the buy call.

BUT Technical Analysis have different view...
I use 3 indicators :

1) EMA Indicators with BUY SELL Signal (TURTLE)
Rule #1 : Ignore BUY signal if Price below EMA50. Better if Price above EMA200 and EMA50.

2) Force Index with Fast Turtle and Stochastic (FiFT)
Rule #2 : ONLY BUY when FiFT is GREEN (Buyer in Control).

3) ATOM Bollinger (ATOM)
Rule #3 : Optional. However. it's better if there is ATOM Buy signal prior to TUTLE buy signal (1) .








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