Now another real life example to show the accuracy of using the KC-BB-MACD approach.
Notes below >>>
By
tymen1 at 2008-03-17
>>> Ideally, to scale the vectors correctly, the main chart should be full size, then the MACD chart should be full size. This way you get the exact angles of the vectors.
Note that the middle BB (blue) is going down, whereas the MACD is going steeply up.
The resultant, therefore is nearly level,
just a tiny bit up. So the price action which would be at the
yellow middle KC band for a
level resultant, is hovering just above the
yellow middle KC for a
resultant a tiny bit up.
Again, the predictions are accurate.
Next post, we will do a prediction first, then look at the final result.