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Clayburg trades across a variety of markets, but his book sticks to
stocks specifically. He has a unique method of determining trend and
then trading with the trend for that day.
He explains indicators in terms of different time frames, so you wind
up with three indicators across two time frames. All six must be in
agreement for a trade, which eliminates whipsaws and increases the
probablity of correct entry and exit points.
I trade using his theories everyday. In my opinion, I like his system
across longer time frames 30 minutes, 60 minutes, daily, etc. I've
programmed my own experts, which are just slightly more efficient
than his setup. I use Clayburg's indicator set as confirming signals
against my own system. My system spots entry and exit points maybe a
couple of percentage points ahead of his.
I have found that his indicators are really excellent at telling you
when to hold through pullbacks that are short lived.
JO
--- In equismetastock@xxxxxxxxxxxxxxx, "jniaj" <walmir@xxxx> wrote:
> Someone cited this book here.
> Is it about day-trading only or applies to other markets?
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