It can be tweaked. Buying the 70 period stochastic sub 35 on MACD x is a sound strategy but will get caught on long down trends (this is where you need a trend lines instead of a trend filter) and take profits too early (this is where you need a trend filter) but above all in a normal market which is 60% of the time over five years it will make good money. Stop loss is weird ! no idea why he has it at 40% but 2x swing low will be more than fine providing you avoid long term downtrends.
- Forums
- ASX - By Stock
- XJO
- Trading Strategies
Trading Strategies, page-5
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,856.1 |
Change
102.400(1.32%) |
Mkt cap ! n/a |
Open | High | Low |
7,753.7 | 7,856.1 | 7,753.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online