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[sharechat] TA/FA


From: fntradingsolutions <fntrade@bigpond.net.au>
Date: Fri, 26 Sep 2003 17:08:26 +1000


Look I know you guys have your reasons and often justify mixing the two, but they are two conflicting views on how to trade
Mixing them will often give two opposing signals.
 
e.g.
I traded Soybeans. On Sept 7 2001 I recieved a Sell signal from my charts ( Major Sell )  On the Sept 9th all hell broke loose in New York ( Twin Towers attack )  The market tumbled Great. Point is I recieved the signal 2 days before.
 
A double top appeared last week on the USD/JPY 1 day before the Big G7 meeting that sent the Dollar tumbling down on Monday.
 
Last night I recieved Buy signals for the USD/JPY, this morning Japan had a serious earthquake, this will send the Yen down and the Dollar Up.
 
TA works great for me with not a fundamental in sight.
 
Woody
 

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