killertrader
18 posts
msg #53495
- Ignore killertrader |
7/26/2007 12:55:14 AM
I've been making serious $$$ daytrading ICE, BIDU, and a few others with one indicator, DMA(3,3). Note that the MA is displaced forward, not backward. 2-minute candle chart. Buy/sell at the first close above or below, and HANG ON for dear life until the next close crosses in the opposite direction.
These stocks usually have huge (and very quick) moves at the open for about an hour. I say usually. DMA(3,3) can get you on the right side of it without too many whips. I say without too many.
DO NOT try this with your grocery money.
Pretty reckless, huh? I'm getting a feel for it.
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