What websites I use for my trade setup - Part 2

Here is another websites that I use:

2. Investing.com

I have set up a (free) account with investing.com. There are some similarities with Yahoo Finance but I love the following features:

Economic Calendar - that I can customized by countries and also importance (1 to 3 stars).

On top of economic calendars, they offer pleasant layout of holiday calendar, earnings calendar, dividend calendar and more.

Favourite feature - Technical analysis

The technical analysis provided by investing.com is one of my favourites.

Using $Tesla Motors(TSLA)$(1 Day period) as example, this techical analysis is a good and easy way cause they have included the common indicators used by most. Thank to the colour coding of green for buy and red for sell, it is easy to catch in one glance on how we can take action. the other feature I love is that they have identified the support and resistance using classic and fibonacci. As we can see, Tesla receives strong recommendation to buy as per screenshot captured at 1.25pm SGT 30Nov201.

These help me to set my support & resistance, and confirm the trend - before I put in any positions.

Investing.com has a candlestick technical chart that helps identify the various “signals from the candles”. This can supplement the other indicators that we use to take positions.

This is part of the candlestick technical patterns. there is a filter function for us to select the time frame like 1D, 1H to suit our trading/investing time frame. It also show the recent candlestick patterns - a feature to I use to check on the “strength” of the various candle stick patterns. the key is - the bigger the time frame, the more accurate - barring any unforeseen event.

Remember, there are no one PERFECT set up. Experience & bigger time period help us to filter away noises and improve our trades. Do not forget to do our own due diligence. I would prefer to go through the financial fundamentals of the companies I plan to invest in. Without which, it would feel like gambling. Our knowledge of the business can increase our confidence and hopefully, reap better investment results. Here is wishing all - happy investing.