div id=?fb-root?>

3 August 2009 – A new month

Mon, Aug 3, 2009

ASX Commentary

The trend continues. We can’t fight, we can only follow it. The risk here is actually not being involved. I’m 100% long and getting longer. We can protect and defend if it changes but we don’t want to miss the ride should it really kick higher. There are more setups pending so some selection and filtering may be required. look to take trades with the lowest % Risk Filter and personally I am sticking to Resource sector stocks in the lower cap. area.

About the Author:

Nick Radge has over 25 years’ experience in the financial markets. He is Head of Research & Trading at The Chartist, manages money using active management strategies and consults to various financial planning, stock broking and accountancy firms. He can be found on Facebook, Google + and on Twitter.

Rapid SSL
We accept Visa and Mastercard
Financial ReviewCNBCSky News Business ChannelAustralian Technical Analalysts Association
youTubeiTunesVimeo