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Post# of 79025
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northam43

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northam43

Re: Nocona post# 17715

Friday, 01/20/2006 1:04:27 PM

Friday, January 20, 2006 1:04:27 PM

Post# of 79025
Nocona - Your system does very well. However, have you thought about looking at the MACD(12,26,9) for trend indicator. Just like today if the Market closes below Daily RSI(5) 30 you would buy a long position. However, the MACD will probably still be showing a strong down trend. In situations like that would it not be more advantageous to wait a trading day and double up on the position if it goes lower?

Now if the MACD showed a weak down trend then I would say go with the trade.

Just a thought.

Lindy

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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