AI
Thursday, February 23, 2012 9:28:55 AM
Wrong...
What change ...
TRY a circle at 1.10...did TRIN go below it at all yesterday and when price reversed stochTRIN should have been going below centerline...it didn't...thats the correct read= might ask if need better understanding...BIAS of the TRIN remained bearish even if bounce reversal at 1355(as I took a scalp)...giving no reason to add long position...simple...higher above 1.10 the more bearish...
The problem (your) is the TRIN itself has its "OWN definition...focus on 1.10 was/is "appropriate" the TRIN stochastic is reflecting the momentum of that TRIN BIAS...so there is a degree of relativety here in reading the stochTRIN...slow down...
...of momentum....and THEN there's the relativity to price...MAIN reading is relative to what the internals are doing...1.10 FIRST.
I wanted above 1362 to reload short...wasn't happening...WHY...?...market internals...above 1.10...
K.I.S
...theMatrix...
What change ...
TRY a circle at 1.10...did TRIN go below it at all yesterday and when price reversed stochTRIN should have been going below centerline...it didn't...thats the correct read= might ask if need better understanding...BIAS of the TRIN remained bearish even if bounce reversal at 1355(as I took a scalp)...giving no reason to add long position...simple...higher above 1.10 the more bearish...
The problem (your) is the TRIN itself has its "OWN definition...focus on 1.10 was/is "appropriate" the TRIN stochastic is reflecting the momentum of that TRIN BIAS...so there is a degree of relativety here in reading the stochTRIN...slow down...
...of momentum....and THEN there's the relativity to price...MAIN reading is relative to what the internals are doing...1.10 FIRST.
I wanted above 1362 to reload short...wasn't happening...WHY...?...market internals...above 1.10...
K.I.S
...theMatrix...
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