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Thursday, November 18, 2010 1:06:53 PM
I know you are well versed in TA from some of our previous interactions and I would bet that you have found what works for you and trade accordingly.
So have I, over the last 10 years -- so from that standpoint it is very subjective.
If you re-read my post, I just stated that a trend reversal signal was confirmed ( or will be by the end of today )
I followed by saying an uptrend could ensue, or side ways movement could happen.....either one would confirm again the candle signal.
And, of course, you are right that NOBODY knows when a true uptrend has been established until after the fact !!!!
I prefer not to take up the board's time and bandwidth with technical discussions that are above the heads of most people here.
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