Sunday, January 22, 2012

Finer Pts to identify "variations in trend"

Wish to share some obsvs wid u regd 5-10DEMA & 20DSMA

1. Wen 5-10DEMA x-over happens close to 20DSMA (within 1-2 days of takin out 20DSMA), the Trend is generally established UNIDIRECTIONALLY

2. Wen 5-10DEMA x-over happens afar from 20DSMA, We should trail the position till 5DEMA changes direction

3. Wen 5DLEMA x-overs above 9EMA , it is ESTABLISHED that we are in a HIGHER DEGREE IMPULSE

4. Wen 5DLEMA x-overs above 9EMA, one need NOT book profits on change of sign of 5EMA . Instead one sud trail wid SL @ 5DLEMA-10 pts..

Need to use x-over smartly & aptly for that particular market condition.

For eg- as on today, 5DLEMA has gone UP over the 9DEMA & that suggests,
the move has become HIGHLY PARABOLIC & nearing COMPLETION

Take a look pls

rgds
SMO

3 comments:

  1. Very Nice work Shri. Keep the updates coming!! Already tracking SMOSAR.

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  2. Tks for the encouragement YG.

    As far markets go, the dictum that works is :
    Predict - we Perish,
    Follow - we Flourish

    With this guiding line, lets follow the course of the river to prosperity!

    cheers

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