TA and price action ↗️ ASX & FX 📈
Every chart tells a story. Not financial advice.
www.karenwong.net
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Written with Daryl Guppy, it's all about turning part time trading into a regular income stream using easy to understand trading methods and ideas to improve your daily trades.
DAY 1
👉 Tuesday 23rd December 👋🎅
LAST DAY
👉 Monday 5th January 2025
Traditionally over the last 5 trading days of the year and first 2 trading days of the new year
ASX closed♦️25th-26th January 2025♦️1st January 2026
DAY 1
👉 Tuesday 23rd December 👋🎅
LAST DAY
👉 Monday 5th January 2025
Traditionally over the last 5 trading days of the year and first 2 trading days of the new year
ASX closed♦️25th-26th January 2025♦️1st January 2026
Short-term traders selling off -MA lines turning down
🟢 Long-term investors supportive - MA lines remain well separated
Downward momentum as ROC indicator dips below zero #ASX
Short-term traders selling off -MA lines turning down
🟢 Long-term investors supportive - MA lines remain well separated
Downward momentum as ROC indicator dips below zero #ASX
🟢 Wide separation of MA lines in both trader and investor groups reflects good buying activity
✅ Gap between the groups = trend strength
Performance over 1 month 🗓⬆️ 39.47%
🟢 Wide separation of MA lines in both trader and investor groups reflects good buying activity
✅ Gap between the groups = trend strength
Performance over 1 month 🗓⬆️ 39.47%
🟢 Long-term group still strong with widely separated MA lines
ROC indicator attempting push above zero back to bullish momentum
⚠️ Break of lower edge of long-term group may fall to previous support/resistance 8620 #asx
✅ Bullish momentum - ROC indicator above zero
📈 short-term and long-term MA lines are well separated reflecting good support in uptrend
YTD 2025 🗓🟢+9.65%
✅ Bullish momentum - ROC indicator above zero
📈 short-term and long-term MA lines are well separated reflecting good support in uptrend
YTD 2025 🗓🟢+9.65%