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Old 08-09-2005, 03:36   #59
Akash
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Re: Great technique for beginners...

Quote:
Originally Posted by perching
Here is a set-up I use to place a trade for either the up stroke or down stroke of a swing by using all three circled inducators. The currency must pass either up through (long position) or down through ( short position) the 20 WMA (Purple) along with the Tenkan-Sen (Yellow). Then the Accellerator Osc. must pass the "zero dash line" ( down through; for short position or up through; for long position), last leg is when the Stochastic Slow %K crosses up through the 30% line going positive to confirm a long trade, or when the Slow %K crosses down through the 70% line going negitive for a short trade.

If there are any questions or comments please post.

Ed
Hi Perching,
I think your system is really nice, but what are the stochastics values? Also, I tried to use the Accelorator Oscillator, but it appears as an oscillator, not as a line. Also, do trades come often this way? Please let me know.
Rockin' Tradin'
-Akash
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