Hi CNB,
If Talking About Intraday To Minimize The Whipsaw, Then Use The Higher TF
If Talking About Positional...
a) Then Follow A TSL Of 50-SMA For Next Day After Entry, 49-SMA For For Second Day...So On & So Forth Till You Reach 10-SMA
Or
b) Previous Weeks Low Or 5 Day LOW On Closing Basis
Or
c) Ignore The Flattish Crossover....& Check The Charts For Overall Market Or Sector Chart For Its Trend.
Or
d) Exit Next Day If On EOD Chart Full Candle Or Atleast 70% Is Below The 20-EMA
Happy & Safer Investing
SavantGarde
If Talking About Intraday To Minimize The Whipsaw, Then Use The Higher TF
If Talking About Positional...
a) Then Follow A TSL Of 50-SMA For Next Day After Entry, 49-SMA For For Second Day...So On & So Forth Till You Reach 10-SMA
Or
b) Previous Weeks Low Or 5 Day LOW On Closing Basis
Or
c) Ignore The Flattish Crossover....& Check The Charts For Overall Market Or Sector Chart For Its Trend.
Or
d) Exit Next Day If On EOD Chart Full Candle Or Atleast 70% Is Below The 20-EMA
Happy & Safer Investing
SavantGarde
Savant Sir,
It is for positional trade to be converted into longterm investment.
Damos at y d com is it right ? pl correct if you don'nt mind, want to send a pm .You always have an answer at your finger tips. I am very lucky that I get a guidence from MASTER OF THE MARKETS. I will follow your instruction. Thanks a lot.
Regards,
CNB