8/21 crossover

[Brand]

I'm new and need a answer: where would one enter a trade on a crossover?Ex. a 8/21 crossover. thanks.

 

[andycan]

what market are you looking at? what time period?
if you are talking about moving averages and you are new to trading this is not a wise move,
moving averages can work if a market is trending(but should be use with other tools)if the market is in a trading range you are going to get punished severely

 

[TopIQ]

Moving averages by themselves are LAGGING indicators and CROSSOVERS are even MORE LAGGING!
The best indicator to use is a leading indicator such as SLOW STOCHASTIC WITH A MOVING AVERAGE!
the MA shows the TREND and the STOCH shows the RANGE!

 

[TopIQ]

Example Of Using Ma And Stoch

Only trade with the trend, higher lows or closing price above above 10M. The stochastic is used for a setup and trade is triggered on previous days high or low.

see chart



EXIT trade on the morning of the THIRD DAY!

 

[Askjo]

Only trade with the trend, higher lows or closing price above above 10M. The stochastic is used for a setup and trade is triggered on previous days high or low.

see chart



EXIT trade on the morning of the THIRD DAY!

Good chart for example!

 

[Lightning McQueen]

Good chart for example!

yes I too liked this explanation for its simplicity, its a flawed example if you look closely but none the less a good post IMO

cheers

don

 

[Brand]

I want to trade the QQQQ when trending ,like it has been Aug 15 to now.And what oscillator would help with the entry?

 

[prafull]

Only trade with the trend, higher lows or closing price above above 10M. The stochastic is used for a setup and trade is triggered on previous days high or low.

see chart



EXIT trade on the morning of the THIRD DAY!

i like ur post,simple and effective way to trade short term.descretion may be applied in selecting stock,which are having higher ATR.

 

[prafull]

one can use 8ma above 21ma to decide the trend(uptrend) and look for price to come below the 8ma and then buy when price is crossing highest high of previous two days.help of DI system may also be taken to further confirm the trend if needed.better to backtest coz MA system varies for defferent securities.

 

[Grey1]

I'm new and need a answer: where would one enter a trade on a crossover?Ex. a 8/21 crossover. thanks.

ONE WOULD NOT ,,,,

 

[laptop1]

.............................Just trade off Yesterdays highs and lows and one would do ok

 

[Brand]

.............................Just trade off Yesterdays highs and lows and one would do ok

I love a simple answer,that was a big help?

 

[nkruger]

.............................Just trade off Yesterdays highs and lows and one would do ok

Hello LapTop - would you be so kind a sto expand on this strategy ?

Thanking you in anticipation......

NK.