Investment Strategies-FA and TA Investment Protocol.

FA and TA Investment Protocol.

1. Use selection filters to identify potential buys.
2. For each share identified by the filters do a very quick visual check. Exclude
shares that are not trending up or showing signs of beginning to (breakout).
3. Look at the chart characteristics for 10, 5 and 1 year using a line chart. Take note
of the trend, patterns and gaps. Exclude unsuitable candidates.
4. Look at the weekly and daily candlestick charts, noting any significant patterns
and exclude unsuitable shares.
5. Move to the chart to determine support and resistance levels and to look for
patterns.
6. Identify possible buys using the following characteristics:
7. OBV- Moving gently upwards, not flat or falling and with room to rise.
8. RSI above 50 and rising, not flat or falling and with room to rise
9. Shorter term MA above long term MA. (10 and 20-day).
10. Using the Support and Resistance levels already determined is the risk reward
ratio 1:3 or better?
11. Can I currently buy close to support? If not put it on the watch list.
12. If it is a buy, look at the intra-day charts to find a buying point.
13. On purchase set stops and initial sell levels. Set alarm levels at the same time.
14. Monitor daily using candlesticks RSI and OBV. Once a week look at weekly
candlesticks and chart patterns in the P&F chart.