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To those I haven't responded to yet...
First of all - Mick - you’re rude. Very unappreciated comments and yes, I did report you for them.
Total..thanks for noticing that Mick is rude.
Valpo - Using the 62 EMA is a FANTASTIC idea but you won’t see too many crosses. One thing is for sure – it is EXTREMELY reliable! I would be happy with the 20 but haven’t back tested it enough to say for sure whether or not I’d use it. But hey, I like the idea!
ThePoser – I recommend candles because they show a shadow plus are easier to understand when putting the close higher or close lower idea in mind. I only trade if there are consecutive candles with small shadows on the 30-minute chart. In other words if there are 3 30-minute candles in a row and they all show that the rate has closed lower than it opened and then the 5 EMA crosses the 14 EMA then it will appear we’re in a directional trend (short term of course). Line charts are good too, but I just simply prefer the candles. Plus I wait to see that each candle is closed before entering into a tarde, considering there are times when the candle doesn't close, and you may enter a trade and the rate fakes you out.
So much for a good day. Why do people have to be...well...some words I just DON'T want to say! Anyway...
To you Mick...ROCK ON!
The young and motivated...
CJ
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