Sunday, May 23, 2010

TRADING THE MOVING AVERAGES


Nothing is fool proof. I chose these 2 5/20 as popular for catching trends early, never THE top nor bottom....must add others indicators to help there. This is not for that, but to show that they WILL indicate when price gains some momentum in one direction or other for ST action.
ANd if wanting to go with that trend, waiting for a cross and confirmation TA instead of guessing...could make some sense.
Sentiment, and other indicators may point to oversold, but like a wounded animal...sometimes turn more dangerous.
MY guess is the BOXES are all tuned into basic TA.....and expect little human emotion, when you invest, you invest against the machines.
D

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