Replies to post #237 on S&P short term cycle swings

[SyndicateTwo]

No, you're not following what I said -- the system for daytrading applies to e-minis because of the profit % on small moves.

But that chart of DIS intra day proves it works - consider the second bar over the north crossover which confirmed the cross on the close of that bar. You then put a buy limit at the SMA which it touched and the took off before falling.

The problem? DIS 'took off' but only .05. That's the problem with daytrading stocks using this.

The 'system' for stocks is for swingtrading on the daily bars. Daytrading should only be done with this on ES futures because those small moves are very profitable.

[sungolfer]

Try useing 20sma for for resistence and support on day trades.I find once the 5ema and 10 sma cross over and through the 20sma confirms a tread.Note i use 5ema.IF you look at DIS chart you will see how the 10ema and 20 could not cross over the 20sma.

[sungolfer]

Correction.Try useing 20sma for for resistence and support on day trades.I find once the 5ema and 10 sma cross over and through the 20sma confirms a tread.Note i use 5ema.IF you look at DIS chart you will see how the 10ema and 10sma could not cross over the 20sma.