|
PureBytes Links
Trading Reference Links
|
ZBIGNIEW A WOZNICA writes:
> I thought a SAR was a swing point in the opposite direction you are in. The
> low 2 days ago may or may not be a SAR. Am I correct?
> Z Woznica
I'm not sure I understand your question, but the parabolic SAR is your
stop-loss point. It then switches to the "other side" of the market so
you are always long or short; never flat.
Since I only use it on one side or the other, I simply use it as a
stop-loss; if I'm long, it's below the price. If the market ever
reaches down to it, I get out and wait for an indication other than the
parabolic SAR to get back in. Maybe on the same side of the market as I
was, maybe not.
I hope this answers your question.
--
========================================================================
That which does not kill me had better be able to run away damn fast
http://www.unixgeek.com/cgi-bin/motd.pl - PGP email preferred
|