Simple's Green Room

[pennies2007]

See what I mean about that TDI alerts being a problem Jav? On the chart you posted, NU finally made a low near 0.76 which, with the spreads, would have given you, at best, 15 to 20 pips of profit before it ratcheted up 90 pips from the 0.76 low. But the alert showed a "strong" sell. I don't have it in front of me right now, but the alert is probably signaling to go long right now with NU near the daily highs from yesterday. That, too, would be a huge mistake IMO since I think it's getting ready to tank hard.

Either way though, the alerts may work sometimes but, like most indicators, would probably whipsaw you to death.