Thursday 2 July 2009

Here's why it doesn't work


Here's why it doesn't work. Got 2 dow behaviours, one time the other trend points. Its got positive divergence and.....it carries on down.

2 comments:

  1. the dow behavior 8400 is below your entry point. 8400 is the dow behavior - if you waited for THAT you would have closed out your short at the low and been profitable at the long.

    Your entry point is wrong

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  2. if you did your homework Ken, you would write a thorough testimonial that's posted in T2W by a respected contributor. BUT you take the "blame others" route.

    Check this out, the guy DID his homework and was able to REPLICATE and EXPLAIN most market moves and post winning trades his first week of live trading.

    http://mechanicaldaytrader.blogspot.com/2009/04/just-do-it.html

    ReplyDelete