Welles Wilder's directional movement system

Discussion in 'Technical Analysis' started by jj2005, May 26, 2006.

  1. jj2005


    Does anybody use it to trade commodities?
    Which markets are profitable?
  2. I use it all the time on NQ.
  3. It is a neat piece of intelligence for telling you the trading environment. It suits the experienced or professional trader. It is an entry and exit system also. However you can use it as a daytrading continuum to stay in play and cruise along the larger ups and downs in sequence. You cannot use it successfully in that mode unless you know the chart configurations to be using & other stuff to a high degree such as market behavior characteristics.