[dpaterso]

Actually:

You know what???

The more I think about the post above the more this makes sense (AGAIN to ME anyway) and MAY just go toward answering Randon's question about the current state of the markets and why none of his (and MY) TP's have been hit this week!!!

Think about this for a moment:

By attempting to choose trades based on whether or not BOTH ADX AND ADXR are above or below 20 - 25 what are you ACTUALLY doing??? Yes: ADX is indicating that you should be following a trend following system if it's above 25 and yes if ADXR is ALSO above 25 then you have good directional movement. BUT: if ADX is indicating that you should be following either the RTS or TBPS because it is below 25 AND ADXR is ALSO below 25 then what you are in FACT doing is opening RTS or TBPS trades on instruments or pairs which have the LOWEST OF ALL directional movement AND 'the book' quite CLEARLY states that 'Good directional movement is not simply straight up or straight down movement. It is also good up and down movement...' (Page 45 last paragraph)!!!

In short (I have a BAD habit of typing 'novels' to get my point across):

What do you think of trading ONLY the 9 (for example)ADXR TOP RATED instruments or pairs BUT USING ADX to select the trading system FOR THOSE ADXR TOP RATED instruments or pairs???

(A last note on this before I leave it for your input: the above would CERTAINLY explain TO ME why whenever I place a SIS order it normally ALWAYS gets executed for better or for worse BUT a lot of the time an RTS order does NOT get executed)!!!

Edit:

(Yes I could not help myself BUT I'm feeling REAL excited about my 'light bulb moment')!!!

ADXR (or the CSI if you're going to go to the trouble of setting it up properley) will tell you WHICH INSTRUMENTS OR PAIRS YOU SHOULD BE TRADING. ADX will tell you WHICH TRADING SYSTEM IS TO BE USED TO TRADE THOSE INSTRUMENTS OR PAIRS!!! YES!!!

The point is this: it does not matter WHAT trading system you're using (be it Wilder's or anyone elses for that matter). If there is NO (directional) movement then you're not going to make any money and you're just going to land up with positions that go nowhere forever and a day!!!

AS A MATTER OF FACT (YES another edit):

EVEN my CSIADXADXR will have 'credence' here now!!!

Looks like I'm gonna have to REDO my spreasheet from last night BUT I believe the results are going to be ASTOUNDINGLY different from what I've based my current trades on right now!!!

OK LAST EDIT (REALLY):

This is REALLY what makes this book so 'special' to me i.e. it's 'the gift that keeps on giving' man!!! No matter HOW many times I read it (and believe me it's been MORE than a few times) there is ALWAYS something new!!! (Maybe I've just forgotten how to read and comprehend what I'm reading BUT I DO believe that the text is written in a sort of 'freight train fashion' i.e. there is ABSOLUTELY NO 'BS' in this book i.e. you just go from one concept to the next one to the next one sort of like 'bang bang bang')!!!