|
PureBytes Links
Trading Reference Links
|
In a message dated 6/11/00 6:44:50 PM Pacific Daylight Time, jbwolf@xxxxxxxx
writes:
<<
Does anyone use a method that will check and reverse the last 'false' signal
if the trend continues, that they would be willing to share?
Thanks, >>
You should not be trading counter-trend if there is a strong trend underway.
If the ADX is rising you should be a trend-follower. For example if the
trend is up (and the ADX is rising) you should ignore all your sell signals
and adjust your oversold thresholds so that you favor entries on the long
side.
Chuck LeBeau
traderclub.com
|