Short Term Trading Member Forum

[Blackbelt1]

Cash, can you explain to me then why sometimes the FLDs--at least as they appear on barchart.com--are so confusing, sometimes giving a good, clean cross and other times not. As they appear on barchart.com anyway, they seem extremely unreliable as a consistent source of market information. Sometimes they are extremely good, clear, and accurate, but I have seen the opposite plenty of times. Agree or disagree with that?

What is the market mechanism or reasoning behind an FLD? Why does it become probable that the market will continue to a certain point if the line is crossed--but not if the line is not crossed. Up to now, I've been taking it on faith. Lately, however, I get no clear picture from the FLDs, and I'm wondering why. They seem all screwed up with conflicting messages at best. Is this because barchart.com calculates them in some imprecise or odd way? Do you get a cleaner read on your own charting system?

BBelt