Traders Laboratory - View Single Post - Ichimoku Kinko Hyo
View Single Post
  #4 (permalink)  
Old 09-01-2007, 02:48 AM
Nick1984's Avatar
Nick1984 Nick1984 is offline
Nick1984 has no status.

Trader Specs
 
Join Date: Dec 2006
Location: Melbourne, Australia
Posts: 427
Thanks: 1
Thanked 0 Times in 0 Posts
Send a message via MSN to Nick1984
Re: Ichimoku Kinko Hyo

The benefit of the crossover setups is in the way the MA's are actually calculated compared to other MA's. I see them as "truer" MA's than your regular MA or EMA. I still feel that it is better on a longer term time frame. Intra day the signals of the cross overs would be way to late to be meaningfull.

If you're trading the equities intraday you can use them to confirm a move once entered, however I'd mostly use candlesticks and basic market generated information to get my signals. Tape is all right on a stock but the L2 I don't trust.

__________________
Nick Constantin

Always look on the bright side of life...da da da da da da da da da - Monty Python
Reply With Quote