Traders Laboratory - View Single Post - ER2 and the 34ema
View Single Post
  #10 (permalink)  
Old 01-19-2007, 12:27 PM
walterw's Avatar
walterw walterw is offline
walterw is The Trader Chimp

Trader Specs
 
Join Date: Nov 2006
Location: Argentina
Posts: 2,135
Thanks: 0
Thanked 29 Times in 21 Posts
Re: ER2 and the 34ema

Well Tingull , 34 and 50 emas are great dynamic S&R Levels... In my experience it has a 50/50 performance wich its ok... the key is having tight stops and long trails... so you have a RRR that will work on that performance ... if you are good detecting trending conditions vs cycling you can get up to a 60/40 performance ... it is a simple strategy and you can get good at it... nice thread indeed...

Reply With Quote