CopperMtn: Crosses on moving averages are lagging triggers but
can be useful for determining trends "when" they remain intact.
Simply put, look back at such prior crosses and see if they
were useful..you will find in strong trends they will remain intact
but can also whipsaw when choppy action occurs. My advice is to
focus on patterns and your price triggers based upon candles and
patterns.
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Matt, Steve, Is there any significance
GDX 120m
Posted by CopperMtn on 9th of Apr 2014 at 08:29 am
Matt, Steve,
Is there any significance to a 13/34 cross on a 2-hr chart?
CopperMtn: Crosses on moving averages
Posted by steve on 9th of Apr 2014 at 09:06 am
CopperMtn: Crosses on moving averages are lagging triggers but can be useful for determining trends "when" they remain intact. Simply put, look back at such prior crosses and see if they were useful..you will find in strong trends they will remain intact but can also whipsaw when choppy action occurs. My advice is to focus on patterns and your price triggers based upon candles and patterns.