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Re: gloe post# 49442

Friday, 09/26/2008 5:51:22 PM

Friday, September 26, 2008 5:51:22 PM

Post# of 79026
Gloe - Please read my response to LC concerning the ChOsc. I really like the indicator, but I have learned when not to use it. As an example, it will sometimes turn and show that a reversal is coming many bars before it comes. The problem is that during this time, the original trend can continue. So when I see this I change my exit stops to much tighter ones because I know a turn is coming, just not when.

When I enter a trade, I will never enter unless the ChOsc trend is in the direction I want to trade. Never trade against it, which I am sure is your rule also.
Jon

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