well, realize the what would have worked from Mar - Now probably
wont' work in a lot of other market conditions, the point is, if
you find a set up indicators or MA's that would have kept you in,
they might not work well for a different market.
I have listed some examples: The NYSI weekly chart has kept you
in since about Apr 1st or so. Also the SPX with Arron, has
kept you in mostly, except for once in July, but it got you back
in.
I trade a simple EMA sytem for my IRA's that I call EMATS
with these three EMAs as buy or sell levels. As the price closes
over or under the first level (13 ema)you buy a 1/3 then so
forth and so on till you are fully invested. As they drop below
those levels you sell 1/3 at a time. This has had me in the market
since late March. I trade this on the
SPYup and the SDS down. I did get whipsawed around July 4th but
then right back in. Don't try and out think this, just do it! No
emotions just the moving averages.
Very nice system! I hope you don't mind a few
questions: Do you use the SPY chart to trade the SDS?
(This would mean that you scale into SDS as you scale out of SPY.)
Since SDS is 2x, do you trade a half-position (i.e. 1/6 at each
cross-over?) And do you wait for the Close of the day to
place orders for the next morning's open? I might try to do
some back-testing. Thanks.
Posted by rgoodwin on 15th of Oct 2009 at 03:27 pm
LOL! Don't think this the answer you are looking for - and I am
just being sarcastic. I have a couple longs (good dividend payers)
that I have had for almost a full year - LOL - they are not in the
green! Except for GDX.
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Is anyone here long since march - april?
Posted by 1800promote on 15th of Oct 2009 at 03:22 pm
I am just curios if anyone has any long positions still opened since this uptrend started ?
Maybe we can all learn from people who were able to ride this uptrend ..and stick to their positions till now..
well, realize the what would
Posted by matt on 15th of Oct 2009 at 04:41 pm
well, realize the what would have worked from Mar - Now probably wont' work in a lot of other market conditions, the point is, if you find a set up indicators or MA's that would have kept you in, they might not work well for a different market.
I have listed some examples: The NYSI weekly chart has kept you in since about Apr 1st or so. Also the SPX with Arron, has kept you in mostly, except for once in July, but it got you back in.
SPX daily - Arroon, trendlines, etc
NAUD chart
NAAD weekly - follow trendlines
NYSI - CCI 13 above -100 and below 100 and the price
What EMA's do you use?
Posted by ronroy on 15th of Oct 2009 at 04:17 pm
What EMA's do you use? I charted the 13 ema and there were quite a few whipsaws since March?
he attached a chart --
Posted by Michael on 15th of Oct 2009 at 04:26 pm
he attached a chart -- open it and look at it
DUH! I just spotted it. Sent you a PM
Posted by rgoodwin on 15th of Oct 2009 at 04:30 pm
I trade a simple EMA
Posted by ditch on 15th of Oct 2009 at 03:48 pm
I trade a simple EMA sytem for my IRA's that I call EMATS with these three EMAs as buy or sell levels. As the price closes over or under the first level (13 ema)you buy a 1/3 then so forth and so on till you are fully invested. As they drop below those levels you sell 1/3 at a time. This has had me in the market since late March. I trade this on the SPYup and the SDS down. I did get whipsawed around July 4th but then right back in. Don't try and out think this, just do it! No emotions just the moving averages.
Title: EMATS questions Very nice system!
Posted by twins on 15th of Oct 2009 at 04:46 pm
Very nice system! I hope you don't mind a few questions: Do you use the SPY chart to trade the SDS? (This would mean that you scale into SDS as you scale out of SPY.) Since SDS is 2x, do you trade a half-position (i.e. 1/6 at each cross-over?) And do you wait for the Close of the day to place orders for the next morning's open? I might try to do some back-testing. Thanks.
Bob in NJ
Ditch
Posted by rgoodwin on 15th of Oct 2009 at 03:54 pm
What time frame for your charts? and do you just use the 13 EMA?
I still have long positions.
Posted by saturn6 on 15th of Oct 2009 at 03:47 pm
Apart from energy funds, they are defensive like Pharmas AZN
GSK
along with some telecoms and other high dividend utilities, although they are hedged.
I have a couple positions LONG but they were there Well before March!
Posted by rgoodwin on 15th of Oct 2009 at 03:27 pm
LOL! Don't think this the answer you are looking for - and I am just being sarcastic. I have a couple longs (good dividend payers) that I have had for almost a full year - LOL - they are not in the green! Except for GDX.