|
PureBytes Links
Trading Reference Links
|
Hi Steve,
Well, I'm old.
I use 3 to 4 different MA,s depending on the markets I am looking at, and,
also the type of order I'm looking to place.
First is a 7 over 50 on a daily chart, with a 14 x 2 ATR for my exit stop.
This is used for a longer term position.
Then I use a 4 over 18 over 40 for a nearer trending market. This will
actually get you in after the market has made a decisive move in the
direction it is going.
I also test a 5 over 15 over 45 with some of the less volatile, slower moving
commodities.
Like everyone else in this business, some days you bite the dog, and some
days the dog bites you.
Hope this helps you a bit.
All the Best,
Jerry Donato
|