A/D reading to -5000, oh wait, there's only 3200 give or take, wonder what the hell this mangina is looking at. Incognito
A day full of trading opportunites for people with other methods is wasted by you!!! How could you sit there watching the market move up and down, offering money, but refuse to take it?
What the hell you talking about, there are a limited number of equities in the NYSE. I don't give a shit if you are using Mangina Charting for Dummies the fluctuation should be minimal. You spoke of a number as high of 6000 NET, when the exchange has about half of that, TOTAL. Incognito
A/D is a seriously lagging indicator, when you see your number coming up, the trend is largely over. That's why I find the chart in the opening post ridiculous: entering a reversing red bar, sat through an opposite color bar...Any normal trader would have got out, except me, I never exit without a profit
You are a liar! You said you based your trades on A/D, that's why I didn't comment on your first chart. Now you say you wait for price action/movement (by the way, action and movement mean the same!), then your entry and exit do not make sense!
I wonder if you could elaborate a little more on what other things provide context to price action please. I use sector's relative strength, QQQs, adv/dec ratio, etc... J
not every method catch every move.. I said before that I trade in trending days and since that day was going up and down then good look to other methods I am happy with my humble method as long as it's consistent.