Looking at ERX as a potential candidate for buying a pullback,
using your 10/60 Sto system. A few quick questions. From your
experience, does it matter how long the 60 has been above 80 when
you get the pullback and cross in the 10? Is longer embedded above
the 60 better? And do you only take the trade if the 10 falls
BENEATH 20 before it crosses back up (as opposed to it falling down
to something like 30 and then crossing back up)? Any other handy
hints on using this tool? Thanks!
yes it can if it's been above for way too long that could be a
negative, but that's something that has to be quantified, something
I haven't done. There are strong trends when it can stay
above a very long time. I use some other tricks that I won't
go into here right now. There's a ton I could discuss here
from what I've observed but too much to discuss in a post during
the active day, plus I'm in the middle of trades and replying to
support emails.
I've quantified it enough that I'm going to have my programmer
automate it into a system that I can just turn on ES etc when I
have some time.
Matt -- ERX potential 10/60 Sto candididate -- questions?
Posted by puma on 8th of Apr 2016 at 10:54 am
Looking at ERX as a potential candidate for buying a pullback, using your 10/60 Sto system. A few quick questions. From your experience, does it matter how long the 60 has been above 80 when you get the pullback and cross in the 10? Is longer embedded above the 60 better? And do you only take the trade if the 10 falls BENEATH 20 before it crosses back up (as opposed to it falling down to something like 30 and then crossing back up)? Any other handy hints on using this tool? Thanks!
Here's the way it looks now.
yes it can if it's
Posted by matt on 8th of Apr 2016 at 11:11 am
yes it can if it's been above for way too long that could be a negative, but that's something that has to be quantified, something I haven't done. There are strong trends when it can stay above a very long time. I use some other tricks that I won't go into here right now. There's a ton I could discuss here from what I've observed but too much to discuss in a post during the active day, plus I'm in the middle of trades and replying to support emails.
I've quantified it enough that I'm going to have my programmer automate it into a system that I can just turn on ES etc when I have some time.
Thanks -- maybe when you
Posted by puma on 8th of Apr 2016 at 11:18 am
Thanks -- maybe when you have a little time you could do a short video on the anything else we might want to look for or be aware of in using it.