you have to understand those type of systems, they are reversion
to mean, the market lately hasn't had large enough pullbacks to
trigger them i.e. in an uptrend you need pullbacks in that trend to
buy into it. The market has mostly been going higher and higher.
The only short systems that could trigger would be exhaustion ones
as all other short systems occur for oversold rallies in downtrends
(which we are not in)
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you have to understand those
Hi Matt,still working my way through the site. Just wondering ...
Posted by matt on 21st of Jan 2021 at 11:08 am
you have to understand those type of systems, they are reversion to mean, the market lately hasn't had large enough pullbacks to trigger them i.e. in an uptrend you need pullbacks in that trend to buy into it. The market has mostly been going higher and higher. The only short systems that could trigger would be exhaustion ones as all other short systems occur for oversold rallies in downtrends (which we are not in)