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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: Walkingshadow who wrote (662)6/6/2005 9:28:26 PM
From: Gush  Read Replies (1) of 4814
 
One more thing..

I have noticed that Willy %R signal has MUCH more significance then just telling the trend(i.e. up or down) early.

When the Williams %R (12) is just crossing the -50 upwards(preferably JUST starting to cross) with other BULLISH signals(i.e. stoch 5,3,3) at the same time you can be sure that there is a MUCH greater chance of a BULLISH trend. A shark tooth crossing -50 is a very strong indicator in my opinion. Even more Bullish when the bottom of the shark tooth is on -50 and moving upward.

Bullish signals when Willy is below -50 are often not sustainable or reliable.

Just something I have noticed.. Any thoughts?
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