June 1st | New Single Stock Futures
In addition to the trading method mentioned above using the MAC address, there is another approach that offers excellent potential for commercial SSF. This approach, known affectionately as "zapping", uses the same basic rules, but with significant variation on the theme. The following rules apply: FIGURE 14.3 ? 10-Minute Chart of EBAY shows signs MAC ? Use a 10-period simple moving average peaks. ? Use an 8-period simple moving average depressions. ? Two consecutive price bars entirely above the MAC kills a constitutional change in trend from bottom to top and a buy signal. ? Two consecutive price bars entirely below the MAC kills a constitutional change in trend from top to bottom and a sell signal. ? Inanuptrend, youcanbuywhenpricesdecline to LAM and output to AH for a short-term trade. ? In a downtrend, you can sell short when prices rally to the MAH and exit at the MLA for a short-term trade. ? Use a stop dollar risk, percentage-off entry price, or re verse positions when the trend changes. Figure 14.4 illustrates zapping approach described above. As you can readily see from this table, there were five entry points of long side and five exit points to the MAH. Of the five points buy, four were potentially viable. ? FIGURE14.4 ChannelSurfingintheDayTimeFrame In addition, the original buy signal was in force for the whole period of two days, resulting in a much broader benefit that zapping business day.
Related posts:
- Day Trading Single Stock Futures:
- Spread Trading in Single Stock Futures: December General Motors Futures Contract ? New Single Stock Futures
- Finding the Signals: Book Momentum Stock Selection ? New Single Stock Futures
- Spread Trading in Single Stock Futures: Possible Outcomes ? New Single Stock Futures
- Day Trading Single Stock Futures: Losing Day Trade ? New Single Stock Futures
Tags: Day, Futures, single, stock, trading
leigh espn greg oden st patricks day st. bonaventure ira glass march madness
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.