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craigw

03/19/12 10:35 PM

#2558 RE: Danzo #2557

you're welcome...just keep in mind all indicators on a chart tell you where the price is/has been, not necessarily where it's going, as they all lag price action, but if you use them collectively with volume and what types of candles are forming at certain times they can help you find a bottom so you're more comfortable with the decisions you make to enter at that time. The candles and wether they hold the trend lines are the telling story and of course volume, any chart can be manipulated to look good or bad on low volume...

take care and good luck!