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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (8082)6/6/2000 1:03:00 PM
From: CatLady  Read Replies (1) | Respond to of 39683
 
At the same time, what kind of filters do you have in mind to decrease bad trades?

just ideas,

1. As someone mentioned before, use a longer MA for direction. 5EMA/15SMA crossover is the best I've found, but still not at all convinced that it's always better.

2. Watch QQQ or some sector bellweather and only trade in harmony with its direction.

3. ADX above a certain level or rising. Haven't tested this yet.