Posted by vnathwani on 13th of May 2008 at 11:53 am
Powercord...I share those concerns. I noticed similar last week
on GDX Daily and zooming in, on the 5min because I thought my eyes
were going funny or I was imaging things!!
Matt, can we have your thoughts on this please? Its important in
that a Renko chart may show a buy now but if the market conditions
change, these buy "signals" disappear at some stage meaning that
looking at historical entry/exit points is just theoretical and not
a true reflection of what an investor would have experienced. It
would be great to get your thoughts on this because you are very
familiar with these chart settings
Regards
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Renko
Renko
Posted by vnathwani on 13th of May 2008 at 11:53 am
Powercord...I share those concerns. I noticed similar last week on GDX Daily and zooming in, on the 5min because I thought my eyes were going funny or I was imaging things!!
Matt, can we have your thoughts on this please? Its important in that a Renko chart may show a buy now but if the market conditions change, these buy "signals" disappear at some stage meaning that looking at historical entry/exit points is just theoretical and not a true reflection of what an investor would have experienced. It would be great to get your thoughts on this because you are very familiar with these chart settings
Regards