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What Technical Analysis does MM use?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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What Technical Analysis does MM use?

Hi guys, Thanks again for the work which goes into the reports and research every day. Not sure if you'll be doing the Q & A this Saturday but it's not a time related question anyway. When doing technical analysis, what and how do you use/do? I've been trading for around 10 years now, but still like to listen to others to learn and improve. Myself, I use support/resistance, EMA's, trendlines and Fib levels to identify areas of interest and price action for entry / exit; of course with a fundamental reason. I hope you all have a very Merry Christmas and Happy New Year. Regards, Simon

Answer

Hi Simon,

Happy 2024 to you and all subscribers!

We use a multitude of technical triggers to support our fundamental/macro analysis but the important difference to many people is we don’t curve fit the market to any specific analysis, we just use them when the markets rhyming to a certain pulse. Some of our favourites are below but we always adopt a “KISS” approach:

  • Statistical & seasonal ranges.
  • Steidlmayer Distribution.
  • Wave & Fibonacci retracements.
  • Candlesticks.

NB No signals are computer generated, we like to use subjective methods which can can set us apart from others.

 

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