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We Aussies often "cook" a few Fosters around the refigerator too.
Cheers,
Ian Burgoyne, Melbourne
John Manasco wrote:
>
> Wooglinx@xxxxxxx wrote:
> >
> > Ian:
> >
> > Thanks for your input. The 10 day EMA of the DMO has some possibilities.
> >
> > The one concern I have is the timing of trade implementation. That is, when
> > using the DMO alone, the trader has to wait until there is a crossover of the
> > zero line and then make his buy or sale trade at the open on the following
> > day. A three day shift 10 day EMA may put the trade execution further away
> > from the crossover line by as much as 5 days!!
> >
> > OTOH, this delay entry/exit can work to affirm the change in trend reducing
> > whipsaws as you suggest.
> >
> > Several other indicators, such as the MACD Binary Wave combined with the
> > Stochastics Oscillator (%K parameters of 10 and 3, %D = 3 simple) when used
> > with the Parobolic SAR (Step = 0.0200; Max = 0.200), a 50 Day SMA and tightly
> > drawn trend lines can also help reduce whipsaws without additional lag. When
> > these are combined with the Joe Ross method for money management I believe,
> > IMHO, the probability of profitable trades increases dramatically.
> >
> > The MACD Binary Wave is simply the "square" wave of the crossover points of
> > the two MACD lines,e.g., If(MACD(), >, Mov(MACD(),9,E), {bullish} +1,
> > {bearish} -1).
> >
> > I am still looking for better approaches and welcome any input from the list.
> >
> > Sunday, our local Angler's Club had our annual family picnic at which we
> > cooked over thirty pounds of marinaded shrimp on the "barbie". Unfortunately
> > there was no Foster's. Just Molsens and Bud.
> >
> > Good trading
> > Jim Barone
>
> How does an angler catch shrimp? I know how to catch Bud.
>
> John Manasco
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