Simple reason. Mitta does not understand his own charts.
He usually makes no sense. He said his chart is a easy read. I like to challenge someone to read Mitta's latest chart which is a easy read and post it for all to see and evaluable.
There is nothing to read in his chart. There is usually little substance to what he says.
Sorry to be so direct Mitta, I do actually enjoy your posts and very so often you do posts very enlighthening info.
While I believe that TA is able to tell us something sometimes, it must be used together with FA. If TA is so powerful as a standalone, the age old question of whether TA works or not would have long been answered but the debate is still going on.
Also with computer HFT, traditional methods of TA needs to be modified.
LYC Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held
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