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Re: Not_on_the_rug post# 21865

Thursday, 08/29/2019 10:51:00 AM

Thursday, August 29, 2019 10:51:00 AM

Post# of 28144
Lots of ways to look at charts. Last time the rsi was this low, in late July, it was at .007. Went up. Last time the momentum was this low it was at .0033. Went up. Last time the spread between the VWAP and my short term moving average was this wide was at the start of the climb from .0035. Went up. Chart triggers are useful for traders but can lead to a herd mentality. This happened, buy! Oh no, this happened, sell! I'm holding for future developments. Not a trader here.


It's nice to have a lot of horsepower in the engine room but you need some in the wheelhouse too.

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