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out 32.25 -1.75 -5 total

S 30.50 st 32.25

out 31.75 -1.75 -3.25 total

S 30 ST 31.75

out 28 -1.5

L29.50 ST 28

L29.50 S 28

Agreed. That is why price action is king when it comes to trading. I often wonder how Woodie does on non-trend days?

I don't think his strategy makes any sense. First of all, seems like a terrible risk/reward. Taking only a 1.00 per trade profit, then averaging down when losing? How much does he lose when the averaging down does not work? I would be many X the 1.00 profit he makes. Personally, I do not...

I watch woodies cci and sometimes use it. Mostly just the zero line rejects, if you are familiar with that. Does it work all the time, no. Do I follow it religiously, no. I do like using it sometimes to help me pull the trigger. I also notice that it works better on trend days. Just my 2...