Platinum

Quote from Bitstream:

have a look at the chart...lots of momo no q. but would u buy here?
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Well, that was my initial question, I saw the bullish signs on the daily chart, weekly looks bearish to me, I was recently bullish on silver, also based on the daily chart.

I wouldn't buy here, too late for this move.
 
Quote from romik:

Thanks for your posts, interesting stuff. As I try not to get into the fundamentals as my access to resources is minimal and so is my desire to understand fundamental analyses, I would like to hear from TA traders.
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Don't you think that's a big disadvantage, when you have no access to fundies that the "street" trades off of? Or do you believe TA is enough to gain an edge off others in this particular market? Just curious about your opinion.
 
Quote from illiquid:

Don't you think that's a big disadvantage, when you have no access to fundies that the "street" trades off of? Or do you believe TA is enough to gain an edge off others in this particular market? Just curious about your opinion.
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Hi, I don't necessarily need TA to provide me with an edge, I need to see a reasonable point of entry and exit, I would say TA provides enough information for that.
 
Quote from illiquid:

Don't you think that's a big disadvantage, when you have no access to fundies that the "street" trades off of? Or do you believe TA is enough to gain an edge off others in this particular market? Just curious about your opinion.
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i know a guy, member of this board for ages that uses mostly ta for his entries/exits and he rarely is wrong. infact i cant recall he havin' a losin' trade this yr. hes a swing trader. hes got also excellent instintcs tho and hes very experienced.
 
Quote from Bitstream:

i know a guy, member of this board for ages that uses mostly ta for his entries/exits and he rarely is wrong. infact i cant recall he havin' a losin' trade this yr. hes a swing trader. hes got also excellent instintcs tho and hes very experienced.
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Not referring to Porgie by any chance? :)
 
OK then, I give up.

Doesn't one need to understand accountancy to benefit from fundamental research anyway? Whatever the outcome it would be seen in charts and TA identifies direction expectancy.

Anyway, has anybody else got something to add regarding weekly/monthly?

thanks.
 
Quote from romik:

OK then, I give up.

Doesn't one need to understand accountancy to benefit from fundamental research anyway? Whatever the outcome it would be seen in charts and TA identifies direction expectancy.

Anyway, has anybody else got something to add regarding weekly/monthly?

thanks.
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pl jan futs up .84% now.
 
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