Quote Originally Posted by grems8544 View Post
If we are looking for a short entry, then yes, your interpretation is correct.



My interpretation is that your chances of winning the position are less than if the signal is showing a STRONG short setting. It can still work in your favor, BUT, review the FAQ, specifically the charts that show the R/R as you move further from the original entry signal. The graphs clearly show that days since signal result in lower gains ....

I have to defer this to the masters ... I can't clearly answer this from my study of individual FAQs.
Thanks Paul. I feel like I'm on a role now, so maybe I can get away with one more question for now.

The 20 DMF chart has given a short signal. It uses the S&P 500 as part of the graph. Do I use this chart to either buy,cover or short the the S&P 500 (broad market) or can I assume it should be viewed as factor when trading the leader list? I will save my upcoming ETF questions for latter.
Thank ahead of time.
Steve