S&P 500 Analysis & ETF Trading

[bobjack]

Ziko SAID: Short trade -

Signal is generated when (1) a reaction is obtained from price re-entering BB10.1 (upper band), AND (2) price going below EMA 3 on daily.

Question 1) - No time-frame is mentioned - understanding that one starts watching 30 min, does this mean the Early warning is on the 30 min chart? Since the EMA 3 is referenced, I think it really applies to the final BOSS, or daily chart. Is this correct?

Second level of confirmation is when EMA 3 goes below EMA 5, AND (2) price goes through BB 10.2

Question 2) Does the statement "price goes through BB 10.2", refer to the Upper, Middle, or Lower band?

-Third confirmation is when EMA 3 and EMA 5 go below EMA 10.
Clear.


Fourth confirmation is when the three moving averages cross center line of BB 10.1/20.1 AND price of course has already gone below center line.
Again, clear

Fifth confirmation is when MA 10 goes below MA 20. As long as EMA 3 is below 5 you remain short until price goes below 10.1 and 10.2 lower bands.
Again, clear

At this time CCI is oversold, first alert is when price crosses 10.1 lower band upwards and goes out of oversold....and the chain is reversed.
Again, clear

Question 3) How does one determine which BB setting to use on which time-frame?

I see
20,1
60,1
60,2
all on some 60 min charts

and
10,1
20,1
20,2
on other 60 min charts

and
10,1
20,1
20,2
on monthly thru daily charts
and on 30 min charts

mostly referencing charts on this page:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71157292