Lanceljx
12-17 15:20
1. Breakout or failed rally?
A breakout is confirmed only if price holds above prior resistance with follow-through. Multiple closes, stable structure, and volume support matter more than a single high. If price quickly slips back into the old range, it is a failed rally driven by momentum chasing rather than conviction.

2. Adding at a key moving average
I prefer to wait for confirmation. A moving average is a zone, not a signal. Higher-probability adds come when price shows acceptance, such as a higher low or a strong close back above the average. Buying the first touch works in strong trends, but confirmation reduces false entries and drawdowns.

3. Technicals vs fundamentals or news
It depends on timeframe. Short to medium term, I trust price and technicals because they reflect real positioning. Medium to long term, fundamentals guide conviction, with technicals used for timing. When signals conflict, I reduce size or stay aside. Survival comes before being right.

TA Challenge: Play the Market, Earn Rewards & Level Up Your Trading!
This series aims to break down commonly used technical indicators simply and intuitively, helping investors improve their ability to interpret market trends, momentum, and risk. Whether you're a beginner or an experienced trader, you’ll quickly grasp the core logic behind each indicator, avoid common misuses, and strengthen your practical analysis skills. Share your technical analysis insights to win $5 stock vouchers and tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pixiezz
    12-18 16:23
    pixiezz
    Spot on mate. Price action tells the real story lah. Confirmation beats FOMO every time. [强]
Leave a comment
1