But its getting closer...
Tick momentum is starting to wane
Started by
dcengr
, Dec 27 2006 01:39 PM
3 replies to this topic
#1
Posted 27 December 2006 - 01:39 PM
Qui custodiet ipsos custodes?
#2
Posted 27 December 2006 - 01:52 PM
kind of a slow day so I've got more time to look at these posts and ask questions, I hope you don't mind. Can you explain how you use your Tick Momentum? Did you buy the QQQQ when the OSC went positive?
Thanks,
mm
sorry, I meant the Tic Sum...
Edited by maineman, 27 December 2006 - 01:53 PM.
#3
Posted 27 December 2006 - 01:55 PM
kind of a slow day so I've got more time to look at these posts and ask questions, I hope you don't mind. Can you explain how you use your Tick Momentum? Did you buy the QQQQ when the OSC went positive?
Thanks,
mm
Look at the Tick Sum zero line. When it crosses, its a signal. The oscillator is used when I want to front run the tick sum signal line, particularly if its around resistance levels.
I have a core short position, but doing some position management using this.
Qui custodiet ipsos custodes?
#4
Posted 27 December 2006 - 03:56 PM
Still no sell signal. I have a feeling if it goes higher, those who were shorting around Dow 12,500 is gonna feel da squeeze.
Qui custodiet ipsos custodes?