RE: Beginners Questions
(2016-03-21, 05:29 AM)RCHK Wrote: Hello,
Have you considered other time period MAs other than the 50 (for traders) & 150 (for investors) Stan discusses in his book? For example in his book he refers to the 30 & 40 DMAs for instruments such as the futures, commodities & mutual funds.
Markets change, shorter hold time trends, etc. Just wondering if you or other traders who use or incorporate Weinstein's work have experimented with or tested other time period MAs?
TIA
I did when I began using the method, but over the years have settled on using the same settings as the weekly chart of the 10 and 30 MA, but on an intraday 2 hour chart for short term trades. As it lets you use Stage Analysis over a much shorter time frame where you can see the entire four stages over the course of a few months or so. But as a user of the investor method, I primarily use the intraday Stage Anaysis on the 2 hour chart for help with timing an entry on a longer term trade. But I think it could be used for short term trading too.
I've attached the current 2 hour chart of silver, so you can see what I mean, as it went through the entire four stages in January and February this year.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.