Replies to post #142 on A Post Collection of IHUB's Greatest Hits

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Posted by: redsoxnumba1
In reply to: lowtrade who wrote msg# 7943 Date:9/4/2007 8:51:33 PM
Post #of 12078

Low,

Looking at the chart you posted. Why is it a good entry if the Aroon is in a down pattern? I see the momentum/volume/adx is positive for a run but the Aroon doesn't appear to be. Am I missing something on this?


Posted by: lowtrade
In reply to: redsoxnumba1 who wrote msg# 7948 Date: 9/4/2007 11:06:26 PM
Post #

redsoxnumba1

The 3 day aroon is very short term trend indication. The PPs has not risen or fallen much the last 3 days! Plus I use DMI & 5,10,20 MA for entry. All my favorate indicators aren't always positive, when entry is signaled.