HBD, shew! I must of gone through the whole share market to test that candle cross of the 34sma for an entry.
. I would say that is a safe and confirmed entry. BUT, too many green candles prior to entry is lost on some CFD's. I am back to the drawing board again and see what I can come up with. One thing I am certain of is that the cross of the 0 line on the cci plays a very, very important roll.
Hi Bev...Yeah you gong to battle to get a cross on 34 and 0 line!! This is so because i told it very earlier on this thread that the longer the time frame, the fewer the signals and the less the risk!! So if you see the signal you must jump in very quick!!
I will appreciate it if anyone who is using more advance charting software to filter the shares for both cci 25 and 34ema simultaneous cut!! Maybe do this on a daily close of day basis and post it here for all to analyse to see if it is a worthwhile trade!! Anyone?
For CFD shares zero line cross is important but i still think the 34 day ema cross is even more important!!
Ok class lets see who is a bright spark here and who actually studied the cfd charts i posted here...
What is glaring as the common factor on all the charts i posted for CGR, CML, KIO and NPN??????
I didnt notice it when i posted them but on looking now at each chart i found something very interesting,,,,,,
Edited by HDB, 25 May 2014 - 10:50 PM.