daytrades august 2 afternoon, page-199

  1. 1,996 Posts.
    Mitta, seriously good CGM chart!
    They should have had you do BDM before it crapped itself because Elvis had already left the building on Thursday and Friday.

    Kate - dont want to answer for Mitta,(but he doesn't usually post here so may miss your question) but its a setting in the tradeguider software he uses - and he says he did it deliberately. (I believe you Mitta).
    It rams home the VSA addage "smart money buy on upbars and sell on down bars." AND "when weakness appears it will be on an upbar and when strength appears it will be on a downbar."
    The bars on there own don't mean a lot - but where they occur in relation to background strength or weakness is important.

    I don't use the setting myself cause it just confuses the crap out of me.

    Mitta keeps an eye on me to make sure I don't talk rubbish so if he reads this he may twig to your question and answer you better.
 
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