Friday, May 25, 2012 12:47:07 AM
For 35 years I tried all kinds of indicators, with different parameters, numbers; and yes different time frames; none of them works at all. These so called indicators are mostly based on moving averages and theoretically unsound, and practically unreliable and misleading. I lost many fortunes using these indicators as most traders had their own experiences.
From my new system, which does not involve any conventional indicators like MA BB RSI MACD CCI STOCHASTIC……., I was able to pinpoint the ICPA bottom @$0.24 on Tuesday May 22, and issued a buy signal on that date; while you are expecting going further down to $0.01-0.017 level (big range). You can keep dreaming if you are still using those indicators. Well enough said.
BTW I won’t reveal my system to anybody for any price, it’s priceless. So don’t even ask.
Regards
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