XJO 0.10% 7,767.5 s&p/asx 200

DeltraAs far as McHugh and I are concerned, we are talking about...

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    Deltra

    As far as McHugh and I are concerned, we are talking about different time frames.

    Many argue whether we are in a up trend or down trend, but mostly we are in both.

    At almost any time at one level we are headed down while in a larger time frame headed up and vice versa. Just add more levels to that and there is no up or down trend except the one you want to trade.

    I was a subscriber to McHugh for a time because I found his work solid.

    Then I figured his leaning was too bearish and he failed to perform in better times.

    I think his readings are more balanced lately but still have a few questions about his bending indicators to his wishful thinking.

    My opinion is that subscribing to various gurus is good value, but if you have a brain then you don't need to continue it as you know their methodology.

    Take it on board, understand the strengths and weaknesses of it based on testing it over long term history, know when to use it, know when to lose it, know when to walk away, know when to run, lol.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.