DXB 0.00% 39.0¢ dimerix limited

There was no 'fib' and I never said your charts are...

  1. 1,043 Posts.
    lightbulb Created with Sketch. 120
    There was no 'fib' and I never said your charts are incorrect.
    Charts are a display of historical data so how can they be incorrect?
    I only said that any predictions based on charts are opinion based and TA traders differ in which indicators they consider important.
    I am sure you will agree with me at least on that last point (that different people give different importance to various indicators).

    I have nothing against TA as a supplemental tool.
    It can be very useful if taken in context.
    I even wrote that TA can become a self-fulfilling prophecy if enough people believe in a particular set of indicators.

    If you go back to my original post, all I wrote is that any piece of news can take the SP in unexpected directions.
    It doesn't even have to be officially marked 'market sensitive'.
    People react in unpredictable ways to the littlest of news items.

    Anyway, let's bury the hatchet and get back to DXB, yeah?
 
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