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Strategies & Market Trends : Longer-Term Market Trends

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To: nspolar who wrote (184)	4/8/2008 12:53:51 AM
From: AllansAlias	Read Replies (1) of 3209

About the only indicator I use is now and then I will look at divergences in RSI. What's far more important in your chart is the narrowing of the price action -- the coiling. About your charts, without the hindsight -- without looking back and seeing how the indicators worked -- how would you use them to trade at each of the important points on your chart -- as if you were taking a piece of paper, covering the chart, then moving the paper to the right. With only the price action and indicators you can see, do you have a means of trading as you move the paper? This is the question of the "hard right edge".

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