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Toofuzzy

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Toofuzzy

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Re: lifo post# 35803

Saturday, 09/08/2012 8:49:54 AM

Saturday, September 08, 2012 8:49:54 AM

Post# of 47540
Jack

Saying there is a false signal in ocroft's method is like saying AIM is giving false BUY signals all the way to an all time low. It is what it is and how the method works. Otherwise you are data mining.

So yes it is possible for Ocroft to have a BUY and then have the market reverse and go lower. At the point it goes up again he will have another BUY

Similar to Ocroft's method would be to delay AIM trades till you have a 13 day MA cross a 30 day MA

You could also think of it in the reverse. You use the MA to signal trades but don't do them UNLESS AIM agrees. Gets rid of potential wip saw in trade signals.
Toofuzzy

Take the road less traveled. It will make all the difference.

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