Friday, September 9, 2016

Indicators, now that I've seen them in action

the SD - Early warning point only.  By itself it means very little, and in fact it is probably the opposite 4 or 5 times before the peak actually sticks.

the UO - This is very basic.  It's supposed to move in the direction of your position.  Once it starts in a direction it is likely to stay that way.  If it's flat for a few days that can be a decent turning point, but officially we are supposed to wait until it fully turns in our direction.

CMO - this one usually lags a bit.  You will miss some action by waiting on it, and that can be good or bad.

The EMA - this one works about like the UO. 

1 comment:

  1. Watch the EMA. When the EMA crosses the WMA, there is a change in trend. EMA above WMA = uptrend. Ema below WMA = downtrend. Crossovers are key turning points.

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