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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject11/16/2000 9:38:37 AM
From: mmance  Read Replies (1) of 100058
 
Flack and all - I have been reviewing my trades for the last few months and realize I have been clearly "forcing" myself into long positions by attempting to call bottoms. While some of them have turned out o.k., it has not been a smooth ride.

I'm discovering, that if I simplified things by relying mainly on the 60 min chart and waiting for the 5 period to cross up over the 20 period (for a long) or below it (to close out or short), I would be way ahead of where I am right now.

Flack, I think this approach is close to what you use, isn't it?

Thanks
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