Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (49696)	5/5/2013 4:31:13 PM
From: GROUND ZERO™	Respond to of 218656

Yes, in fact, I have tested in on a weekly chart also (monthly also), and it does just as well, but trading off a weekly chart isn't the best way to make near term trades, the time frames are just too far and wide to make it worth the risk... if you get a sell or buy signal on a weekly chart, you could get that signal days later, maybe a week later, than you would with the daily chart, it just makes no logical sense to use a weekly chart when you want to be as close to the market as possible for these kinds of trades without getting too close... GZ