RE: Applying stage analysis to a monthly chart
(2019-06-16, 05:41 PM)isatrader Wrote:i was kind of hoping you wouldn't say that(2019-06-16, 05:29 PM)malaguti Wrote: Has anyone looked at applying stage analysis to monthly charts?
I want to create a strategy that trades off monthly..each month i want to put money into something and ideally i'd like to apply the same principles. the problem i'm finding however is its not so easy as pullbacks are less common/less pronounced
in theory, given the price action is less pronounced, you'd think it was easier...
any thoughts welcome?
I use identical chart settings for the Monthly as I do for the Weekly.
I think you'll find that you'd be getting into more new highs than pullbacks when using Monthly charts, which is not a bad thing, as you are getting into something already in a weekly Stage 2 at that point.

a stage 4 is so late waiting for a 30sma MA to move down. do you perhaps apply the trader method therefore the 10sma?
and just to confirm, you would not have entered until 2012 as per the attached