im new to the game and have been trading jbh now for awhile and was wondering if someone could analyse there graph for me and tell me there thoughts on where its going trend wise.
i dunno how to use indicators or anything like stochastics or macd which ive read here about and wanna know how i can use them for this company. its basically the only thing i trade and have been trading cfd's now for around 8 months.
others i have traded are fmg, bhp, lnc and bxb.
i try and jsut play the ups n downs of the day and try to hold as short as possible but would like to learn how to hold for longer by analysing the graph an try to find a direction. at the moment i can see a long term up trend but has hit its highest peak that its ever had and thinking it might turn.
had a short on today and missed out on a big chunk becoz i bailed to early. could have made 5 times as much.
anyway anyone wanna give me their analysis of them?