Touchfone...thanks for your comments. Yes, MA's are "laggers" but many Traders and Investors(Fund Man.) use them...even James(16) for his break of trend, right! Yes, I will even grant you that there appears to be too much spagh, at 1st glance, in my chart above but to those who are familiar with the 'Redline' method it is quite simple and is most useful for trend analysis and swing trading....BUT it is only but one of my templates I use.
Like you, I assume, I have been around a long time(Trading in Markets) BUT profess to admitting I don't know all that there is required to know. Therefore, I am eager to continue 'learning' about trading in the markets and 'growing', something I will continue to do until my 'life'(style) stops me. So, I am grateful for your contribution towards this aspect of my trading career by introducing me to James 16 ...some weekend reader perhaps.
ISN Price at posting:
63.0¢ Sentiment: ST Buy Disclosure: Not Held
