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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (7405)7/1/2008 12:41:48 PM
From: jaker  Read Replies (2) | Respond to of 41423
 
As with most stuff it can be a little jumpy in shorter timeframes... I just find it less jumpy...

It is fairly simple and really just a combination of other indicators.. through experiment and observation I settled on

6 ema (open) & T-3 ( it is at the top of the chart)

it can be fine tuned for individual preference, or how an equity trades... I use it mostly in the SPY QQQQ and DIA... the longer timeframes can't catch the tops or bottoms but less risky...like most others a little laggy.

I liked the T-3 because it is more weighted on the turns.

The earlier chart I put up was more for intraday, This one is for my swings... Of course the EW count can be added for any.

h1.ripway.com

You remember the Gaps you mentioned a couple of weeks ago?
Really getting close to another one QQQQ 44.35 --- 44.65, I do not think bulls would be smart to leave it behind, now that it is very close.