Replies to post #4565 on Option and Stock Trading with sdh

[Breakout]

I know that MTT uses some odd combination, joking mtt, and he really likes them and I know da use some odd numbers on his charts. Hoping that between the two of them we can solve this question...but if it's a good answer I not going to like changing my 100 charts and I blaming you!

[maybe_this_time]

Can't say I've heard of that one... Seems like a there are of a lot of little crossover rules out there. And there are different ones for different time frames... I just heard talk of 15/45 on Financial Sense.com for daily charts... For now I've kind of gravitated towards 20/50 but sped it up to 18/45 for 60 min+ charts and 13/45 for faster charts as susgested by Master Swing Trader. They also talk about using 7/13 or 18 depending on time frames (fast or slow) for agressive swing trading, which are fibonocci numbers. The basic standard for immediate trend is sustaining the 10 day MA which is sped up for aggressive trading and even to the EMA (a little faster yet.) I actually felt to slow that down slightly to 8 EMA for my taste. So what did I take away from this mess, lol:

1. Consider an initial position when the 8 EMA crosses the 18 SMA (13 SMA for faster charts or < 60 min), and certainly close existing opposite positions when that happens.

2. Consider it a confirm (2nd position or initial more conservative position) when the 8 EMA crosses the 45 SMA.,

3. When the 18 SMA crosses the 45 SMA (or 13 SMA crosses the 45 SMA for faster charts), that's a third signal.

But this should be combined with other observations, but can work by itself in nice cyclical periods, but I think it produces a lot of false signals in sideways markets...

Perhaps we can list some and decide on some favs by timeframe. Basically I think it all goes back to the standard 10/20/50 line crosses for swing trading, with different combinations for different time periods and different folks.

Hope this helps and JMHO.