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Re: Tape reading substitute for forex
The candles work great on the dow. and the forex. You have to look at the other market to determine the direction if your a trend day trader. If the other market are not in sink than the move will not develope. The question is, is it being pushed by the other market. Right now, also look at oil prices. Business................. .....Transportation is the bottom line of the equation.
It was 75.00 to fill my Ford van a few months ago, now it is 52.00 last week makes a big difference in your bottom line. Airlines, Trucking, Ships, Cars It all adds up!
Last edited by FLX; 02-12-2007 at 07:40 AM.
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