It loooks to me like the 13/55 SMA along with parabolic SAR
works pretty well on the 15 min. NASDAQ comp (comp on my charts). I
watch the RSI and MACD, and also flip to the 5 min. and 10 min.
charts for early warning signals. Also the SPX 5 min. I find the
parabolic SAR crossing through the prices consistently gives me an
early warning to bail out of a position. Often this gets me out
ahead of the close and ahead of the EOD gyrations yet still close
to the closing price.
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NASDAQ Comp
Posted by druck on 5th of May 2009 at 12:34 pm
It loooks to me like the 13/55 SMA along with parabolic SAR works pretty well on the 15 min. NASDAQ comp (comp on my charts). I watch the RSI and MACD, and also flip to the 5 min. and 10 min. charts for early warning signals. Also the SPX 5 min. I find the parabolic SAR crossing through the prices consistently gives me an early warning to bail out of a position. Often this gets me out ahead of the close and ahead of the EOD gyrations yet still close to the closing price.