Quote from GeraldFX:
You are right, what matters in the game is where it is going. The cloud gives me the indication of where it is going. Maybe it didn't work for you, but it does work for most of us.
If it didn't work for you because you wanted to try capture the majority of the trend, then what you were doing was to capture the tops/bottoms. How would you confirm if the trend is about to change?
Last but not least, posting the results of what I would get in a year will prove you nothing. You should know that trading is 50% system and 50% psychology. If your psychology is not as strong as other traders, you will never yell the same results.
One question to you, are you a trend trader yourself?
......................................
G,
3.5 decades of futures and forex trading.
i don't have to capture the majority of anything at this point, but i can.
one eye open and hands tied.
top, bottom and the center bulge, all with price and simple diverge.
posting a recap in as little as 3 months will prove the cloud is a fraud and will chew you and others up.
2 lines required, post gross profit and loss.
balls to the wall.
cloud trading is like a displaced moving average.
the market can and will spin on a dime and the cloud will puke out your stop more times than not.
markets cycle as they run in and out of phase.
math guys trading simple price, diverge and expansion are in full control.
" You should know that trading is 50% system and 50% psychology........."
you have no clue.
cheers,
s
