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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?


To: okavango who wrote (3755)1/1/2007 9:32:36 PM
From: MACD X  Respond to of 6865
 
Okavango, You have done a very good job, I took time to study your lead chart that gives the signals and you have picked the tops and bottoms pretty well.

You should also do very well this year, for I feel the markets will not trade sideways but be trending the whole way.

You system will do great on this type of trading.

Most all systems have one fault and that is sideways trading, most systems fall to this type trading because the trend doesnt last long enough.

Many traders suffered the last few years over this situation. How well did you do during the last few years or have you just started using the system?

I follow the summation index but not in the way you are doing. What you are doing is simple and simple is the best trading tool, trying to put too much into something clutters it with confusion.

All thought I am aware of the summation index, I dont know what makes it up or what it tracks, do you know what it is tracking?

Keep up the good work and I hope the people here will vote for your site in a show of appreciation to your fine work.