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marketphile

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marketphile

Re: TraderRick47 post# 25738

Tuesday, 08/26/2008 6:00:16 PM

Tuesday, August 26, 2008 6:00:16 PM

Post# of 165855
Ah, maybe we are more in agreement than not:

"You can use TA as a guideline in the pinks but I wouldn't trade on it."

Yes, that's essentially what I meant when I said TA doesn't "work" on pinks. It can certainly provide some rough, broad insight, but it doesn't provide reliable trading signals (statistically speaking).


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