Well, let me start a thread dedicated to pending and/or recently occurred breakouts or trend following signals to enter a trade.
Lots of markets out there, and it is hard for one person to watch everything.
Many ways to identify trend, N-day breakout, MA crossover, trendline, etc. All methods will "put you in the trend." For example, a 20-day N-day breakout will identify the trend with similar accuracy as a 5/20 EMA crossover.
I am not interested in intra-day trends, just those of signifigance which could result in a multi-week or month play.
Post your observations other comments here.
I will get started with
NATURAL GAS - 2-month highs today.
ORANGE JUICE - recent new multi-year highs
WHEAT - recent multi-year highs
CORN - recent multi-year highs
COPPER - been in consolidation pattern basically since July 2006. Monitor for new bear or bull trend change.
Lots of markets out there, and it is hard for one person to watch everything.
Many ways to identify trend, N-day breakout, MA crossover, trendline, etc. All methods will "put you in the trend." For example, a 20-day N-day breakout will identify the trend with similar accuracy as a 5/20 EMA crossover.
I am not interested in intra-day trends, just those of signifigance which could result in a multi-week or month play.
Post your observations other comments here.
I will get started with
NATURAL GAS - 2-month highs today.
ORANGE JUICE - recent new multi-year highs
WHEAT - recent multi-year highs
CORN - recent multi-year highs
COPPER - been in consolidation pattern basically since July 2006. Monitor for new bear or bull trend change.