maggi - one more -- 15 min chart is working on a confirming
short candle now with 11 min left. If it confirms I will tell
you. If it looks good I will probably enter early.
Posted by kichan77 on 23rd of Oct 2008 at 12:07 pm
Seeing /ES (SPX) future cross down in 1 minutes chart...don't
look pretty in 5 minutes as well...so be careful on the long
side...the internal was not so great as well.
Posted by rgoodwin on 23rd of Oct 2008 at 11:53 am
Michael - amazing eh? but the confirmation keeps you safe. I
don't think you would take too much pain if you were to enter on a
cross, but if one is going to trade by strategy, then one should
stick to it. That's why I personally want the markets to hold up in
this range or even puch back up again, to give the EMA's time to
get close to each other, then cross, and give us the trade signal.
For example, if we turned down here, DXD 15 min would give you a
cross, but because the last LE was yesterday, I don't think you'd
get a second one. So then you have to manually enter the trade.
robin - don't know what you mean - looking at DXD now it
crossed down at 11:00 and is trying to confirm for five
candles now -- So if DXD crosses back up, why would there not
be a confirming candle as usual?
To try crosses without a ccofirming candle, try matt;s 18 -
24. It crosses later than the 7 - 21 but get you in a little
earlier without the confirmation.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
DDM confirming
Posted by Michael on 23rd of Oct 2008 at 11:40 am
15 min chart -- bar is confirming with 5 min left.
Have someone here working on
Posted by maggi3322 on 23rd of Oct 2008 at 11:48 am
Have someone here working on my charting computer, confirming ddm long or short? tia
maggi - that candle didn't
Posted by Michael on 23rd of Oct 2008 at 11:55 am
maggi - that candle didn't confirm but the current candle is close, with 41/2 min left
michael, sorry to sound so
Posted by maggi3322 on 23rd of Oct 2008 at 12:02 pm
michael, sorry to sound so dumb but my realtime chart system is down, close to confirming a buy signal? tia
maggi - it was close,
Posted by Michael on 23rd of Oct 2008 at 12:08 pm
maggi - it was close, but did not corfirm.
thanks, would you please post
Posted by maggi3322 on 23rd of Oct 2008 at 12:15 pm
thanks, would you please post when you get a cross? tia
maggi - one more --
Posted by Michael on 23rd of Oct 2008 at 12:18 pm
maggi - one more -- 15 min chart is working on a confirming short candle now with 11 min left. If it confirms I will tell you. If it looks good I will probably enter early.
now 5 min SSO
Posted by Michael on 23rd of Oct 2008 at 12:13 pm
is confirming down.
Note -- DDm is lagging SSO today by a couple bars, FWIW.
Seeing /ES (SPX) future cross
Posted by kichan77 on 23rd of Oct 2008 at 12:07 pm
Seeing /ES (SPX) future cross down in 1 minutes chart...don't look pretty in 5 minutes as well...so be careful on the long side...the internal was not so great as well.
DDM confirming
Posted by Michael on 23rd of Oct 2008 at 11:43 am
NOT -- 2 minutes left on the bar
Michael - amazing eh? but
Posted by rgoodwin on 23rd of Oct 2008 at 11:53 am
Michael - amazing eh? but the confirmation keeps you safe. I don't think you would take too much pain if you were to enter on a cross, but if one is going to trade by strategy, then one should stick to it. That's why I personally want the markets to hold up in this range or even puch back up again, to give the EMA's time to get close to each other, then cross, and give us the trade signal. For example, if we turned down here, DXD 15 min would give you a cross, but because the last LE was yesterday, I don't think you'd get a second one. So then you have to manually enter the trade.
robin - don't know what
Posted by Michael on 23rd of Oct 2008 at 12:03 pm
robin - don't know what you mean - looking at DXD now it crossed down at 11:00 and is trying to confirm for five candles now -- So if DXD crosses back up, why would there not be a confirming candle as usual?
To try crosses without a ccofirming candle, try matt;s 18 - 24. It crosses later than the 7 - 21 but get you in a little earlier without the confirmation.