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Re: pennies2007 post# 120198

Wednesday, 07/17/2013 11:30:52 PM

Wednesday, July 17, 2013 11:30:52 PM

Post# of 140146
Yes, they are good, but I have found that they are certianly not 100% reliable as a stand alone. And when the trade timing and volatility changes, then additional layers of confirmation is definately needed to keep from getting tricked.

I have not had great success trying to set up day trading or scalping systems using clouds. But always figured the best money is in position trading. So focused primarily on daily charts.

I can scalp with my system, but it does not indicate very many trades.
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