Normal
Hi Guys,I've started running analysis on the RSCD method on a few variousASX ticker threads however thought I would open a thread here forquestions and basically as a platform to reference the variouscharts i've analysed. Mods - If any problems with this please letme know. I'm new to this particular forum however have posted on a few other forums BB's in the past however was looking for a new 'home' As a intro the RSCD method is a way of trading in volatile marketsas a way of choosing vital entry points before or during breakoutsor short term periods of SP gain. It also shows possible exitpoints and weakness in the SP that you would not pickup duringnormal analysis. You could describe this method as 'Swing trading'however the main emphasis is on the RCD chart - A kind of MACD chartdesigned for these swing plays. The plays are PURELY T/A and anyfundamental research is minimal. I do however run a quick referencecheck on the ASX code to find any possible red flags.To start off I have posted a couple of charts with full analysis on the method and update as the charts play out. These have been posted within the actual ASX Code threads with charts attached.OGC - Comparison of recent swings and short term viewDJS - Overall daily chart analysis and RCD direction (closed)DUE - analysis on RCD patterns and potential future direction.As mentioned in the DJS thread I do not want to be needing to followthe F/A on each stock and DJS gives us a good example. Because ofthe potential court action I sold straight out and will find anotherstock with less F/A emphasis. Happy to field any questions or discuss the method. Thanks for having me ASFers & mods!-eunza
Hi Guys,
I've started running analysis on the RSCD method on a few various
ASX ticker threads however thought I would open a thread here for
questions and basically as a platform to reference the various
charts i've analysed. Mods - If any problems with this please let
me know. I'm new to this particular forum however have posted on a few other forums BB's in the past however was looking for a new 'home'
As a intro the RSCD method is a way of trading in volatile markets
as a way of choosing vital entry points before or during breakouts
or short term periods of SP gain. It also shows possible exit
points and weakness in the SP that you would not pickup during
normal analysis. You could describe this method as 'Swing trading'
however the main emphasis is on the RCD chart - A kind of MACD chart
designed for these swing plays. The plays are PURELY T/A and any
fundamental research is minimal. I do however run a quick reference
check on the ASX code to find any possible red flags.
To start off I have posted a couple of charts with full analysis on the method and update as the charts play out. These have been posted within the actual ASX Code threads with charts attached.
OGC - Comparison of recent swings and short term view
DJS - Overall daily chart analysis and RCD direction (closed)
DUE - analysis on RCD patterns and potential future direction.
As mentioned in the DJS thread I do not want to be needing to follow
the F/A on each stock and DJS gives us a good example. Because of
the potential court action I sold straight out and will find another
stock with less F/A emphasis.
Happy to field any questions or discuss the method.
Thanks for having me ASFers & mods!
-
eunza
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