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Replies to #11443 on lowtrade

lowtrade

12/26/07 7:47 PM

#11447 RE: Insane_Vester #11443

I don't use them because I feel they show emotion highs & lows. But in charting you can use them if you use them for all lines drawn.

By that I mean don't use bodies for some or part of the line and spike tops or bottoms for the other. Many chartist will combine spikes & bodies to create a pattern they want to stress. This is wrong just like pumping or bashing on a message board.

Either chart the retail mindset during emotion or not. Don't mix & match to create something you want to see.

My answer , correct don't use spikes.