nursery, first up please excuse my rant before, but am not sure why you cannot at least acknowledge even a small fraction of our work at being worthy of something, did anyone that follows FA forecast this little turn ?
most of our discussion today was regarding how, by use of the charts, and in this case, a very very simple trick of watching over a few bars only the spread/closes
It imo was set out in a fairly easy to follow manner, where most of the replies were stepping towards the end when gmc mostly nails it on the head, obviously with the help of others
FA had nothing to do with how we picked this recent turn, it had no influence but still we picked it. How could the FA possibly change over the last week from day to day, and have any influence on price. It simply can not. On the other hand possibly we should follow the chart and when it changes from day to day update that the FA of this company is also changing.
This TA setup is only over a max of say four bars and works time and time again, just as it has here and as well on many other occasions, helping one get closer to the action and not leaving one dumbfounded and asking, now why is that happening, which is nearly always the catchcry on this forum
LYC Price at posting:
29.5¢ Sentiment: None Disclosure: Held
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