Subscribe Feed (RSS)Observation on intraday
July 19th, 2005 by eyal | Filed under General rant. |
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When the price retraces back to the MA after the initial burst then if the MA is sloping in the direction of the trend there’s high likelihood the trend will resume, if the price retraces back to a relatively flat MA the chances for failure and penetration of MA are higher.
Hey Doug, Sure thing. Looking forward to your strategy post! I should probably post something of my own on this. Are you not concerened at all about systems losing their edge if they get too much exposure and lots of followers?