This was an interesting conversation from which I can always learn something new, but I’m still looking for studies, or even self-studies, that illustrate how to utilize technical analysis to enhance the timing of my own stock purchases.
The first research, which I mentioned above, looked at a variety of known indicators but found that none of them were particularly predictive for 10, 20, or 50 days. I also tested the numerous technical criteria and rating system rules here at 123P, but none of them produced higher results.
That is not to imply that I do not consider share price trends, partially by assigning a bigger weight in the case of a decline in ROC (40), but it is not much more advanced than picking up some of the reverse effect.
I also have a risk on\off strategy (fundamental) to avoid the worst market moments, but I’m now seeking for other people’s experiences to apply technical analysis as a last review to better timing the buy.
I believe there is something in technical analysis, but I believe it is mostly technical analysis combined with others, or more complex models with IA.
Anyway, thanks for your contributions, and please feel free to add more.
- Which traders site do you go to to learn and get more technical analysis,
- and what technical indicators do you employ?
- Have you utilized any ranking systems for technical analysis, such as:https://www.chartmill.com/stock/quote/AUSS.OL/technical-analysis