200DMA

[SunTrader]

Squiggly wiggly lines are the Koolaid of TA.

 

[IronFist]

So what are we supposed to do...Sell below the 200MA? This is the stupidest thing I have heard in quite a while during this bull market.

Yeah, ride trend.

 

[ph1l]

Squiggly wiggly lines are the Koolaid of TA.

Don't Elliott Waves like the ones you posted here, here, and here use lines?

 

[SunTrader]

Don't Elliott Waves like the ones you posted here, here, and here use lines?

Squiggle wiggly ones, no.

I'm a straight shooter.

Anyway those are levels. As in $100 is a level not a line, even if a line happens to be drawn across $100

Isn't that obvious?

 

[ph1l]

Squiggle wiggly ones, no.

I'm a straight shooter.

Anyway those are levels. As in $100 is a level not a line, even if a line happens to be drawn across $100

Isn't that obvious?

I guess I was thinking of the Elliott Wave Oscillator finding waves as in

 

[taojaxx]

Why do I get so much bull crap anytime I'm asking Elite traders? Definitely is an oxymoron.Stay on topic. And if you don't know, refrain from comments or say you don't know.

 

[easymon1]

What if there's a discrepancy between 200 DMA/day and 200 DMA/week?

What's your expected hold duration?

 

[SunTrader]

I guess I was thinking of the Elliott Wave Oscillator finding waves as in

Yes I use the EWO Oscillator histogram for momentum cycles. Not on price or anything to do with laaaagging MA crossings of price itself or multiple MA lengths crossing themselves.

 

[easymon1]

Yes I use the EWO Oscillator histogram for momentum cycles. Not on price or anything to do with laaaagging MA crossings of price itself or multiple MA lengths crossing themselves.

Interesting, would you mind posting up an image of a typical chart of such a thing?