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| NOL |
http://www.puntersgallery.com/showthread.php?p=349295&posted=1#post349295
This is a chart for NOL - Neptune Orient Lines. Look at the trade that was triggered. From the boom period of 2007 to the crash of 2008 and bull period again of 2009. The COT Proxy tells us when to exit and stay on the sidelines and when to safely enter the market again. If you are into shorting, you short the counter during the downtrend of 2008 and the COT Proxy will tell you exactly when. Currently it tells us to short the market or stay out of the trade completely if you are only into longs.
I will like to reinforce again do take note that I am still learning and also this is not the mother of all indicator/strategy/system. Exhaustive testing has not been completed and it never will be... There is no all 100% successful trade. What is important losses are kept small and winners are big to more than cover the losses even if win % is small and that is what the COT proxy offers. Traders should make their own decision and not allow anyone to decide for them.
The COT Proxy give tight stop-loss signal which minimise lost amount, it let winners run and all of these combined give you the confidence to enter/exit the trades. This is one important aspect that every trader/investor must look at.
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