First of all I would like to say I hope I can do the blog justice in Nicole Elliott’s absence as I have immensely enjoyed her posts so far, secondly I wanted to post something in this blog that I […]
Member's Blog
Tag: trending
Using Fibs for profit targets
Tags: Fibonacci, Ratios, Stock market, trending
Too many moving averages? And many moving parts
A long, long, time ago, I can still remember – when moving averages were plain and simple. Nothing weighted or exponential, dynamic or otherwise (nowadays considered moribund perhaps). Traders used to use 10 and 20 day moving average crossovers to generate buy and sell signals; fund managers, who had time on their side, opted for 50 and 200 day ones, again only crossovers.
Tags: crossover, exponential, Foreign exchange, FX, moving average, trending
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