InvestorsHub Logo
icon url

abbytraderwin

03/13/07 2:20 PM

#30656 RE: JUMBOSHRIMP #30647

The chart is well done and good. The chartist's comments are also correct. This is what a turn looks like. The further up from the previous close we finish today the better the confirmation of the change is direction. Going below the lower bollie or .0042 is the killer that would send us down to .003-.002. Look at the adx red line turning down, the green will turn up soon. That is a great signal. The static charts are not realtime and cummulative and that is why traders use intraday realtime active charting to see what you can't see on a static chart before others do. You could change parameters on all of the indicators in this chart to show a two day interval or chart 5min, 10min, 30min, 60min, 150min charts to get a better feel for the trend intraday. Dart also does great charting and commentary.

Enjoy