Just to add my two pence, this is almost the same strategy that I try to follow.
Key difference is that poor fundamentals can also be used as confirmation of TA which suggests opening short positions.
Problem Ive now realised is, fundamental analysis can only be used to establish long term investment decisions (6 month+). TA can be used both immediate & long term.. and, as the market should discount all fundamental information, theres an argument that says TA already includes the fundamental analysis (whereas the reverse cannot be the case).
Still, agree with the sentiment: find your 'value growth' from the fundamental data and choose the entry / stop loss points from the TA.
.. and dont invest more than you can afford to lose. If your risk adverse, buy low cost index Tracker funds over a long term peiod. Dont take the risk of accepting advice from someone youve never met on something you dont fully understand. Its a lesson Ive learnt the heard way
And say hello to the Ali G when you see him next
