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buy when starts going up, sell when starts going down

  • Post #1
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  • First Post: Oct 7, 2016 9:26pm Oct 7, 2016 9:26pm
Well, that's the idea. Best is to buy when it starts going up and to sell when it starts going down. Emphasizing on 'starts'.

Quoting cashtec
Well, that's the idea. Best is to buy when it starts going up and to sell when it starts going down. Emphasizing on 'starts'.

Hi Cashtec,

How do you determine when it "starts going up" or "starts going down"?

Which TF do you use?
Quoting stevepatt
{quote} Hi Cashtec, How do you determine when it "starts going up" or "starts going down"? Which TF do you use?
Maybe he could use some type of formula in order to find the gradient of the chart and determine when to buy and sell. Or maybe measure the gradient of a ma.
Old ways dont open new doors
You've got to be careful that you're not buy into a temporary rally or selling into false break.
If only trading was this simple FF wouldn't exist.

Then of course it's in the newbie section what can one expect ?
Apologize my ego is seeping through.

Tape reading is an ART
Quoting cashtec
Well, that's the idea. Best is to buy when it starts going up and to sell when it starts going down. Emphasizing on 'starts'.
As naive as it can seem, you are 100% on target ! But that was the easy part, the difficult one will be to put it in practice...
Simplicity is the Ultimate Sophistication.
  • Post #6
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  • Last Post: Apr 11, 2018 7:04am Apr 11, 2018 7:04am
Quoting stevepatt
{quote} Hi Cashtec, How do you determine when it "starts going up" or "starts going down"? Which TF do you use?
Hi stevepatt,

When you are higher than the highest point in the past for a specified period of time, then you are starting to going up this applies symmetrically for going down.
Simplicity is the Ultimate Sophistication.
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