Well, if I am psychic, I need to figure out how to apply it to my trading.
Congrats on the Crude short, you timed that one perfectly!
Another question about your MA's: You use 380 EMA on the SPX 5 min chart. Does that MA also have a 1.35 percent envelope (for a 30 min close) like the 5 min MA for DJX?
Steve,
ReplyDeleteWell, if I am psychic, I need to figure out how to apply it to my trading.
Congrats on the Crude short, you timed that one perfectly!
Another question about your MA's: You use 380 EMA on the SPX 5 min chart. Does that MA also have a 1.35 percent envelope (for a 30 min close) like the 5 min MA for DJX?
Thanks!
pima
ReplyDeleteI only apply the 5-minute,370-unit EMA to DJI +/-1.35%. I have not found it as accurate with SPX.