Comment by Indy on July 6, 2012 at 9:54am

maybe I should just explain that this was not a completed thought just something that came up on the spur of the moment when in the chatroom lastnight. but it maybe something i will have to look into a bit further, it may have a usel as a way to point out areas that have potential as far as looking to run standard swing trades into long term position trades. i'll let you know in a couple of years, it will take that long to see any results.

cheers

Indy

 

Comment by Peter jcp on July 6, 2012 at 10:08am

Hi Indy 

Re long term using an oscillator - CCI / Stochs /RSI etc. Yes I incorporate them into on eof my strats using non standard setting. On a monthly you can be 100-300 pips out quite easily - but if you incorporate with other frames and other indicators in your tool kit - you can put a "picture" together.

Here's a plain monthly GU chart with one I use - but i do incorporate it with Bollinger ( tight setting ) and linears etc

You dont bother with mid ranges - you look for extremes 

Hope this might help - have a great July 

Regards

Peter

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