Adds more brokerage and you lose 10 points or so each time it crosses. The objective was/is to ride the comet as long as you can before turning it - to stay in the winning trade. Have many times have you took the profit and/or turned it, just to watch it go down more.. We are dusting off the software hence going back into the Gapcave... err, Arrowcave. The holy grail is to eliminate the false crossovers, and know which ones to ignore. For example, we had a green arrow at 13:00, but if you have a 10 minutes chart open, it's still red-and some secret 5speed sauce.
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a |
Open | High | Low |
8,224.0 | 8,285.2 | 8,224.0 |
XJO (ASX) Chart |