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ultimatepick

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ultimatepick

Re: Ataglance2 post# 8450

Monday, 04/09/2007 2:18:58 AM

Monday, April 09, 2007 2:18:58 AM

Post# of 42555
What EMAs?

... traders should look to trend following tools such as moving averages (21- and 55-day perio ds are heavily used), DMI, and Parabolic SAR. (This refers to J. Welles Wilder Jr.'s Parabolic System. SAR stands for stop and reverse.) Momentum oscillators such as the relative strength index (RSI), MACD or stochastics should generally be avoided, especially intraday, due to the trending and institutional nature driving USD/JPY...
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