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Replies to #28204 on Cycle Trading
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jaws57

06/28/23 4:43 PM

#28206 RE: No-Quarter #28204

Thanks for detailed response. I definetly understand changing over time, rules and chart settings. Ive lost count on versions and charts that I have gone thru over time.
I like your idea on the 200MA bias on which PPO is favored.

Regarding the BIG 3 index charts:
One rule that has served me pretty good on Daily charts . Dont short above a 50SMA or if it is RISING.
There are charts that are exceptions but generally I heed that rule. Another rule when long, is if price closes below the 10ema, wait for next day and sell if the prior day LOD is breached.