Support and Resistance Trading Forum

Re: Homework
By:Spike
Date: 8/23/2005, 7:43 pm
In Response To: Re: Homework (Erich (vendor, CTA))

I responce...with Love...

Don't worry about what is on bottom...what only matters is what is on top...i.e.if +di is on top...then the trend is up...it doesn't matter what the bottom di is doing...i.e. trending up or down with the top...

Do Not take the signal if the ADX is below both di's...no matter if it is trending up or not...wait until it is at least travels between the two di's and you will increase your chances of a winner right off the bat...

If and when you have both di's low on the scale...and ADX travels above both...hang on to your britches because you are on for one hellofaride...

If you are on one hellofaride...and ADX turns down...just get out...and save your monies...

Hope this helps...

Best of good trades, Spike

Responses To This Message

Re: Homework
Dino Dave -- 8/23/2005, 9:06 pm
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