Tony Beckwith
01-28-2005, 06:19 AM
A quick note that the simple application of the 20-period exponential moving average to the higher timeframe 60 min. chart of real-time set-ups continues to do a great job - for those who want to trend-filter...
The 25 Jan NQ short in 'Trade of the Day' had the 20EMA on its 60min. falling at the time.
Also, 3 of the 6 US index futures/ETFs set-ups in the RT Roundup on yesterday's session (27 Jan) were against their trends - so avoiding their loss.
Certainly worth considering.
Thanks
Tony.
The 25 Jan NQ short in 'Trade of the Day' had the 20EMA on its 60min. falling at the time.
Also, 3 of the 6 US index futures/ETFs set-ups in the RT Roundup on yesterday's session (27 Jan) were against their trends - so avoiding their loss.
Certainly worth considering.
Thanks
Tony.