Quote from inandlong:
Excellent! Thanks for the explanation.
I bet I read and reread that thing 10 times after you first posted this afternoon ( I did a yahoo search and found the pitstock site.) I even copied it and emailed it to myself to reread again because I was missing it somewhere. So what I am not seeing is the first day that happened on Wednesday then. And then as you stated the trend day gets pushed out another day.
Btw, it says that 75% occur in the same direction etc, but do you have an idea how often the trend day occurs regardless of direction? In other words, how often does the signal accurately forecast a trend day, whether in the same direction or not?
Trend day will occur 100% of the time in the 1-2 days following a minor change.. It just helps to be quick enough to spot it and not get fooled by a possible reversal day
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