yes but for the month month MA, it's not so simple as a
crossover, you have to watch the candle, you filter a lot of the
whipsaws out by using confirming candles etc.
Also if you guys really want to go Long in your 401K
when/if the 50 MA crosses over the 200, then go ahead. but
honestly I see so many people here struggle to death and can't even
handle the stress from an intra day MA crossover that goes against
them a little bit, and these exit EOD. Therefore,
I can only imagine the whining that would go on with some of you
trying to follow this on a daily chart with some of the large
whipsaws and pullbacks that you would have to endure for days and
weeks and sometimes months at time. If you can't handle the
stress from an intra day MA crossover, then how can you hande a
daily one? And I think this is bear market rally, therefore
if it crosses up, I think it it will be a bad signal.
Right on. My experience is that you sell the counter-trend
kiss until proven otherwise. I don't use candles, but maybe I
better learn to - any links to these past tutorials for those of us
who missed them, would be a gr8 help. Thanks
maybe I'll run some back tests on daily charts going back 80
years when I have some time. However I'll optimzed for stops
as well.
HOWEVER, similar to Ravuns sytems, I think a comfirming candle
would eliminate much of the whipsaws! So in other words, I
would not trust any of the daily MA crossovers without a confirming
candle, that will filter out many instances when the MA's crossover
just a tad and then reverse down. See Ravuns past examples of
his confirming candle. When you get crossover, the next
candle needs to confirm it.
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yes but for the month
End of Bear- GOLDEN CROSS
Posted by matt on 23rd of Jun 2009 at 12:41 pm
yes but for the month month MA, it's not so simple as a crossover, you have to watch the candle, you filter a lot of the whipsaws out by using confirming candles etc.
Also if you guys really want to go Long in your 401K when/if the 50 MA crosses over the 200, then go ahead. but honestly I see so many people here struggle to death and can't even handle the stress from an intra day MA crossover that goes against them a little bit, and these exit EOD. Therefore, I can only imagine the whining that would go on with some of you trying to follow this on a daily chart with some of the large whipsaws and pullbacks that you would have to endure for days and weeks and sometimes months at time. If you can't handle the stress from an intra day MA crossover, then how can you hande a daily one? And I think this is bear market rally, therefore if it crosses up, I think it it will be a bad signal.
Right on. My experience is
Posted by PA on 23rd of Jun 2009 at 12:57 pm
Right on. My experience is that you sell the counter-trend kiss until proven otherwise. I don't use candles, but maybe I better learn to - any links to these past tutorials for those of us who missed them, would be a gr8 help. Thanks
maybe I'll run some back
Posted by matt on 23rd of Jun 2009 at 12:46 pm
maybe I'll run some back tests on daily charts going back 80 years when I have some time. However I'll optimzed for stops as well.
HOWEVER, similar to Ravuns sytems, I think a comfirming candle would eliminate much of the whipsaws! So in other words, I would not trust any of the daily MA crossovers without a confirming candle, that will filter out many instances when the MA's crossover just a tad and then reverse down. See Ravuns past examples of his confirming candle. When you get crossover, the next candle needs to confirm it.