“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 21 May 2013

21 May 2013

Another day another doji.  Seems there are some indecisions, but nonetheless we have higher highs being put in place.  Divergences abound, and has been forming for a while, but it does not mean its not working.  It should be used as a warning sign rather than an entry point.

Mid-Term: UP
Short-Term: UP

Our Mid-Term signal has been working quite well. It has been on an up-trend since Apr 29 (unconfirmed - May 2 Confirmed).  Of course our signal has been bullish far longer, but since I have started posting my trends it has been consistently UP for close to a month.  If you took any trades on a short-Term basis on an upwards bias you would not have had any stressful trades.  This is why you should trade the trend.

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