trend following

Quote from caotrader:

Any one could give me some technical analysis that can capture or follow the trend?
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Check out the book section on TA on here thats a start.
 
Quote from caotrader:

Any one could give me some technical analysis that can capture or follow the trend?
More...

Pick a moving average. Buy when it crosses above it and sell when it crosses below it.
 
Quote from Boib:

Pick a moving average. Buy when it crosses above it and sell when it crosses below it.
More...
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C-Trader,good question;
Actually an excellance place to start;
50 day moving average,200 dma.

I think William o Neil names a margin call or a 200 day moving average[price cross below] ''late sell signal''LOL

Add wisdom & 10.000 hours study, may be helpful also;

& for a trendy benchmark like SPY, add 2 colors/ volume.......
:cool:
 
Quote from Boib:

Pick a moving average. Buy when it crosses above it and sell when it crosses below it.
More...
Buy when what crosses what?

I realize the MA crossover is a losing strategy but you still have to give complete details if the OP is going to learn anything.

P.S. to OP: MA crossovers are losers. :)
 
yes, I have tested this, but I am using 1 min data, does that still work?

Also, a simple question is, if it works, why there's still people losing money...
 
Quote from kut2k2:

Buy when what crosses what?

I realize the MA crossover is a losing strategy but you still have to give complete details if the OP is going to learn anything.

P.S. to OP: MA crossovers are losers. :)
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Sorry about that. When the price crosses and closes above the MA.

So if it's a losing strategy just reverse it. Sell when the price crosses above it and buy when it crosses below it. :D

Whatever you do have an exit strategy.
 
<i>yes, I have tested this, but I am using 1 min data, does that still work? </i>

If you're using 1 min data use charts that make quicker turns

Try the default macd 26,12,9 and compare it with 13,6,5 it will reflect your 1 minute trends better. Also if you're trading something that quick learn everything you can about CCI and plot it with the macd's.

CCI will signal better exits and save you a heartattack or three.

GLTA
 
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