Monday, March 26, 2012

Will yesterday’s indicators work today?

The problem with many indicators is that they are set, or shall I say, curve fit , to a specific time frame.  When the rally/decline reaches the limits of their time frame, time saturation takes place and the indicator is rendered useless.
Another problem is that the time cycle of the market may have changed, again skewing the results of the indicator. Wolfe Wave students are taught how to adjust to the proper time frame. Mixing indicators with my methodology is a bad match. You are not a system trader.