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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Cush who started this subject6/10/2001 7:10:30 PM
From: Cush  Read Replies (3) of 5144
 
<font color=green>Buy and Hold Example - CAE on TSE

www3.sympatico.ca

I do not have a position here.

I printed out this chart for myself this weekend,
and I thought some of you might find it interesting.

I have been leaning towards using the 20 period MA and the DMI cross, for exit signals on trades.

Like everything else, there may be endless examples of times that it was not the profitable thing to do,
but I'm looking at a lot of charts with that in mind now.

This CAE chart is a great example of the wisdom, in this case, of using a Buy and Hold strategy with the 20 week MA and the DMI cross as the exit signals.

You can also see, in the blue box I created, the clear MACD buy signal given with a rising ADX line (Trending Period watch MACD).

Cush
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