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Strategies & Market Trends : Technical Analysis - Beginners

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To: David Russell Coburn II who wrote (1806)1/6/1997 10:07:00 PM
From: David R. Evans   of 12039
 
Hello David,

I just updated my Home Page again so go take another look. I think you will like what you see.....

Yes, I always wait for the 5 EMA to CROSS OVER the 13 EMA, while BOTH are above the 40 EMA... Why wait??? To help cut down on whipsaws...... There are so many times when the Indicators are of so close BUT they never actually signal... If you jump the gun you may get burned....

I have run many system test using the 5 - 13 EMA's both with and without the 40 EMA and I have found that the numbers are overwhelming that you should wait for the 40 to line up along with the 5 and 13...

Parabolic SAR is a nice Indicator to use ALONG WITH other Indicators. It helps make sure you are on the right side of the trade... I DO NOT use it alone.... In it's strictest sense, it is more for Exits then entries BUT you know you're going in the right direction when Price is above Parabolic SAR....

Dave Evans dave2ta@world2u.com
world2u.com
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