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Old 01-31-2012, 05:00 PM   #9

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Re: Picking Tops and Bottoms Help
Retrace, where you at? Any news, comment?

I hope if you will reverse engineer this indicator you will share it with us, right?
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Old 01-31-2012, 11:34 PM   #10

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Talking Re: Picking Tops and Bottoms Help
I think the old trading adage "He who picks bottoms ends up with a handful of sh-t" still applies.
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Old 02-01-2012, 12:22 AM   #11

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Re: Picking Tops and Bottoms Help
I was told that top pickers and bottom pickers become cotton pickers...I prefer to wait till top or bottom is confirmed. I don't mind making 200 pips instead of 500
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Old 02-01-2012, 05:01 PM   #12

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Re: Picking Tops and Bottoms Help
Quote:
Originally Posted by Tams »
....... would cherry pick ONE section of the chart that WORKS, and post it for you to drool on. If you apply the same indicator to one month's worth of data, you might find 10 false signal for every 2 good ones. LOL. but most people would dwell on the good section of the chart and blind to the bad signals... we see what we want to see.
So true, especially your last line.
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