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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: catman who wrote (13594)8/16/2001 5:52:50 PM
From: Wayners  Respond to of 18137
 
The criteria I have adopted at present is 5 day ema / 15 day ema crossover that so far has proved effective.

The only thing I don't like about the system is lag to identifying fresh reversals right after they occur. Lag isn't a problem with cyclic patterns with large amplitudes but are big problem in consolidation zones or stocks like SPOT. Learn candlesticks to get in quicker and avoid being too late to profit.