Trembling Hand
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XAO Technical Analysis
- Thread starter Sean K
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white_goodman
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Re: XAO Analysis
I know, I think it still reveals intentions. Its a holiday in the US, yes. We are still trading here, I don't see it as any different. Still activity. Same as one can tell if the news will be bad or good before its out, volume is low, still reveals activity and intentions.
But fair point, you are using the EA. I'm just TA
I know, I think it still reveals intentions. Its a holiday in the US, yes. We are still trading here, I don't see it as any different. Still activity. Same as one can tell if the news will be bad or good before its out, volume is low, still reveals activity and intentions.
But fair point, you are using the EA. I'm just TA
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Re: XAO Analysis
Hahaha EA will be the buzzword of 2010. TH you really should write a book on the subject
But fair point, you are using the EA. I'm just TA
Hahaha EA will be the buzzword of 2010. TH you really should write a book on the subject
Re: XAO Analysis
I refer you to what happened over christmas. XJO went up 500 points and then back down 300 points when everyone came back. Moves on small volume don't mean as much. Not to say that they aren't tradeable though.
I know, I think it still reveals intentions. Its a holiday in the US, yes. We are still trading here, I don't see it as any different. Still activity. Same as one can tell if the news will be bad or good before its out, volume is low, still reveals activity and intentions.
But fair point, you are using the EA. I'm just TA
I refer you to what happened over christmas. XJO went up 500 points and then back down 300 points when everyone came back. Moves on small volume don't mean as much. Not to say that they aren't tradeable though.
Trembling Hand
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Re: XAO Analysis
Interesting that today is shaping up to have reasonable volume, so far. There's plenty doing business at these levels. I would prefer a low volume day rather than high.
I just don't know why people have a preference to high vol. Whats the precedent for such bias? My EA indicators says that's a fade signal
I know, I think it still reveals intentions. Its a holiday in the US, yes. We are still trading here, I don't see it as any different. Still activity. Same as one can tell if the news will be bad or good before its out, volume is low, still reveals activity and intentions.
But fair point, you are using the EA. I'm just TA
Interesting that today is shaping up to have reasonable volume, so far. There's plenty doing business at these levels. I would prefer a low volume day rather than high.
I just don't know why people have a preference to high vol. Whats the precedent for such bias? My EA indicators says that's a fade signal
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Re: XAO Analysis
Speccy explorers and junior miners are gapping up all over the place.
Is that a fade signal too?
I just don't know why people have a preference to high vol. Whats the precedent for such bias? My EA indicators says that's a fade signal
Speccy explorers and junior miners are gapping up all over the place.
Is that a fade signal too?
Trembling Hand
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Re: XAO Analysis
If you had any common sense maybe in relation to performance of XAO to other categories of assets. maybe not.
If you had any common sense maybe in relation to performance of XAO to other categories of assets. maybe not.
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Re: XAO Analysis
Rare ones, and one's that glitter.
If you had any common sense maybe in relation to performance of XAO to other categories of assets. maybe not.
Rare ones, and one's that glitter.
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Re: XAO Analysis
Good day for the junior miners and property trusts. Reminds me of the march rally, when the big financials lead the first half of the rally, then miners and property trusts caught up for the last half. Hard not to be bullish
Good day for the junior miners and property trusts. Reminds me of the march rally, when the big financials lead the first half of the rally, then miners and property trusts caught up for the last half. Hard not to be bullish
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Re: XAO Analysis
Well that clears it up, here I was thinking about this kind of metal.
Rare ones, and one's that glitter.
Well that clears it up, here I was thinking about this kind of metal.
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Re: XAO Analysis
For what? Would of thought you would prefer more activity with your trading style?
Who has a preference for high volume? I only look for high volume in the right spots eg. confirming a move either way etc, not sure what you're meaning here, I certainly don't enter on high volume up moves like I was anticipating today etc.
Anyway, wide spread up on stronger volume today is indeed what we got, exactly what I was looking for from my last post, yesterdays volume actually ended up being very good, slightly more than the day before, not too high not too low.
...whether it can hold above 4535 we are yet to see, depending on how much higher if at all it goes today, we may see a test back to the 4535 level, which would be a decent entry. Anyway, enough from me, you're probably all sick of death of me in here haha
For what? Would of thought you would prefer more activity with your trading style?
I just don't know why people have a preference to high vol. Whats the precedent for such bias? My EA indicators says that's a fade signal
Who has a preference for high volume? I only look for high volume in the right spots eg. confirming a move either way etc, not sure what you're meaning here, I certainly don't enter on high volume up moves like I was anticipating today etc.
Anyway, wide spread up on stronger volume today is indeed what we got, exactly what I was looking for from my last post, yesterdays volume actually ended up being very good, slightly more than the day before, not too high not too low.
...whether it can hold above 4535 we are yet to see, depending on how much higher if at all it goes today, we may see a test back to the 4535 level, which would be a decent entry. Anyway, enough from me, you're probably all sick of death of me in here haha
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Re: XAO Analysis
"we may see a test back to the 4535 level"
Do you mean 4435..?
"we may see a test back to the 4535 level"
Do you mean 4435..?
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Re: XAO Analysis
nope
your opinions just as valid as anyone elses here
Anyway, enough from me, you're probably all sick of death of me in here haha
nope
your opinions just as valid as anyone elses here
wayneL
VIVA LA LIBERTAD, CARAJO!
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