Scratching an itch
Over the years I have have observed deviation, now since I had to write my own TMA indi for this, it gave me the opportunity to tinker with it and to satisfy my curiosity. I it useful or NOT, that I can not say at this time, but I'd just like to show about I'm on about. The market of course is dynamic, and in a dynamic world is a dynamic setting advantageous. So in my chart I have the TMA, but the red lines I set them yesterday so the bottom red line meats the low at point 1, and guess what it hits the red line at point 2, it's just that I tend to think that the market will continue to do what it's doing until it does something different.
Might be a point of interest only, might not be useful in itself, but may well be useful as reference or point of discussion.
Over the years I have have observed deviation, now since I had to write my own TMA indi for this, it gave me the opportunity to tinker with it and to satisfy my curiosity. I it useful or NOT, that I can not say at this time, but I'd just like to show about I'm on about. The market of course is dynamic, and in a dynamic world is a dynamic setting advantageous. So in my chart I have the TMA, but the red lines I set them yesterday so the bottom red line meats the low at point 1, and guess what it hits the red line at point 2, it's just that I tend to think that the market will continue to do what it's doing until it does something different.
Might be a point of interest only, might not be useful in itself, but may well be useful as reference or point of discussion.