OK, I have another tips or junk idea here. I am not going to write too much. Does this chart look a BUY for you soon? What do ya think? 🙂
Trend Score: +65 , a weak uptrend now
Edit: I forgot to mention, this is EURGBP!
[photopress:eurgbp11may2008.gif,full,1]
There is no such thing as the trend; there are countless trends, depending on the method we use to determine a trend. People typically pick a method for determining trend that fits with their current positions and/or view of the market. ~ Ed Seykota (TradingTribe)
Rajiv Kaushik says
how to interprete this chart ? Does this have any predictive power?
how to interprete this chart ? Does this have any predictive power?