Hi friends,
As this is the short term trading thread, here is a chart on VPG as at close of yesterday showing a price oscillator that I use to time its price movements.
With this chart, we can speculate on its moves...and it seems to me that it has done reasonably well in the past in fulfilling its role to indicate the entry and exit signals.
By looking at the last price position, we can at least try to make a guess at what it will do next - however wild, however speculative and however inaccurate...and so, may the best prices be yours.
Once again, this chart is NOT for fundamental traders nor the long term investor who holds for months to years - it is a mere chart with zero fundamental content and is for short term traders, and of course, speculators who like to make technical guesses at timing their entries and exits:)
Hope this chart will be useful to someone who is interested in VPG short term.
dascore
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- let's speculate & time its moves
let's speculate & time its moves
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