Reminds me of Grand's blog. "The proprietary indicators I use can identify trend changes before they occur"
Exited my 1721.90 long entry at 1744.90. Still long on the 1726.22 entry. You gotta love that "GOLD and SILVER leg down"!!!
Thanks; probably should have held on to it, but I hit my overall profit target for the day. Decided not to push my luck. The other is a multi day hold with a target above 1800. -20 trailing stop after that.
AUDUSD now 1.0792 Even given your tendancy to backdate entry points to your advantage, you are underwater on this trade.
He's lost money on pretty much every single "trade"/call this year. This is almost impossible to do, unless you trade on a severe bias or a strategy that is unsound. His main strategy seems to be go short against any rapid trend up. His bias is clearly negative about markets, commodities and positive about $US for two years now. These two combined are the only way somebody can be almost 100% wrong for 6 weeks.
What's wrong with this indicator on daily charts ? I just checked ona couple etfs and it worked quite well over the last year.