It's been 3 years since I wrote the original instructions for my trading guide and 2 years since we've been receiving the data at the end-of-day via email.
In short, the data set consists of the top 70 to 80 shares on the JSE where each share is accompanied with a comment according to the 3 time frames: Short Term, Medium Term and Long Term.
Hopefully, in the next few weeks, I'll write a blog post where I'll compile as many examples as possible of the readings on the model.
For now, SBK is an example from my tactical guide. At the close trade yesterday, the short term reading was as follows: "Very weak. Wait until it stabilizes on the lower time frame" while the medium term reading stated: "Broadly a weak to sideways consolidation. Recently sold, expect a small rebound".
Today, SBK is seeing strong price action, with the share price has rebounded from yesterday's close of ~R176 to above R182.
For more research insights, including trade ideas, get in touch today.
The tactical trading guide was developed on a simple excel spreadsheet and is centered around my interpretation of the technical price action.
And no, I can't code to save my life.
In short, the data set consists of the top 70 to 80 shares on the JSE where each share is accompanied with a comment according to the 3 time frames: Short Term, Medium Term and Long Term.
Hopefully, in the next few weeks, I'll write a blog post where I'll compile as many examples as possible of the readings on the model.
For now, SBK is an example from my tactical guide. At the close trade yesterday, the short term reading was as follows: "Very weak. Wait until it stabilizes on the lower time frame" while the medium term reading stated: "Broadly a weak to sideways consolidation. Recently sold, expect a small rebound".
Today, SBK is seeing strong price action, with the share price has rebounded from yesterday's close of ~R176 to above R182.
For more research insights, including trade ideas, get in touch today.
The tactical trading guide was developed on a simple excel spreadsheet and is centered around my interpretation of the technical price action.
And no, I can't code to save my life.