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Thanks. Don't get me wrong. I am NOT advocating to buy into silver here. Yes it's extended but I will be adding to positions on a pull back. My initial position was in mid to late April around 16.60.

I understood exactly what you wrote. I was trying to explain that crossovers and moving averages are usually poor indicators of market direction, up, down, or sideways. Markets will consolidate in a range perhaps for long periods after a strong bull run. You say the crossover "lies" because you...

Although I may agree with your analysis I think using a simple MA crossover method will lead to lots of whipsaws because it's a lagging indicator. It would take several weeks to prove whether this is a massive consolidation reaching for new all time highs or if this were a bearish triple top as...

However you want to analyse it is fine. My point is that everyone has to figure out what works for them and not expect that any one method will work. There are many ways to win at this game and thousands more way to lose. It is up to the trader to learn from as many sources as possible how to...

I am not that old but I have a full time well paying job and don't have the time or desire to learn programming. I just sat down and forward tested my methods on charts during a span when I knew it was a bull market, another in a bear market and another in a trend less market. I then modified my...

The "CURE" is different for everyone. Not everyone can trade the same system and get the exact same result. Just like no 2 race car drivers drive the same exact car the same exact way around a track and get the same exact lap times. It helps when the drivers have the cars set up for their own...

Oh there are PLENTY of times when this does NOT work. However, it's a calculated risk you take if a win is a large win it more than makes up for the small losses. Everyone has to decide what works for them and do more of that.

Well,... I didn't want to give away too many tricks but yes I use other MA longer than EMA 39 as well & I use multiple timeframes to help better time my entry into a trade. As a swing trader I tend to use short time frames to ENTER a trade in the direction of the longer time frame's trend. I...

Yes Alexander Elder likes divergences of MACD. In particular he described using MACD and MACD histogram divergences as a major signal. ESPECIALLY triple divergences where the histogram gets smaller and smaller and smaller with each divergence. Now that you mentioned it,....this was the EXACT...

Can you guys explain something to me? I trade on an almost 100% technical basis. So I usually don't care WHY things are happening but recent moves in commodities has me a bit curious. The continued rise in TLT and other bonds suggest people are looking for yield and worried about deflation...

Here is an example of the clear uptrend in place in the SPY until mid 2015. It also shows how JUST following MA crossovers from August 2015 until now would have resulted in large whipsaws. MA crossovers are a LAGGING indicator so they tell you information about the trend after its started. By...

Another one showing the same thing with Silver.

Here is an example of using my MA crossovers to confirm a trend. Notice most of the bounces on the downtrend occurred around EMA 39 and EMA 250. Also notice that there is a clear uptrend in place once price, EMA 5, EMA 13, EMA 39 are all above EMA 250. Also notice the MACD crossed above 0 line...

I agree not many people post useful stuff. In the interest of sharing I do use the EMA 13/39/250 crossovers to confirm a solid trend has taken shape with price above all 3 EMA. I color them orange red and green to give me a nice and easy rainbow to see the trend. When my candlestick are red or...

I agree with you to a large degree. The USD is appreciating and with negative interest rates everywhere else we have bonds that look attractive with relatively higher yield compared to negative yield

I agree. Everyone trades different time frames and different instruments. I personally use several different ones but only use them as an idea of direction on shorter time frame with faster MA and longer time frames with longer MA. I definitely don't use them to buy or sell as my sole indicator...

Actually I am NOT who you claim I am and I am NOT long gone. Make your accusations elsewhere. I don't even know who these people are. You guys think because someone has a life and doesn't post for a while that means he is fake. Get a life maybe...

Agreed,...looks like a troll to me. Kind of like the "I just borrowed $24k from a loan shark and quit my $60k a year job to trade full time because I did it on sim."..thread. Sounds like BS to entertain themselves with responses.

:thumbsup: :strong: Strong move on the long GE trade today. Congrats. Now I just need to figure out what you saw that I didn't. Care to share any pearls of wisdom??

Have a specific DEFINITIONS of a trend. Then you can decide to use TA to help time trading with the trend or against it as in mean reversion. Make sure to pick ONLY 1 trend indicator , ONLY 1 momentum indicator, ONLY 1 volume indicator!! Newbies tend to pick too many of the same type of...