Joanne Klein--'Above the Green Line'--Money Wave from www.stockcharts.com


Hola,

I have been following this author's 'work' for sometime and am not sure how one would make this into a short-term 'trend continuation' trading method.

Here is her link.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3387040

It looks like you buy on a pullback and then sell as momentum surges and peaks to the upside.

She has a variety of different 'sectors' and timeframes; I am guessing daily would be easiest.

Anyone care to take a look and give their 2 cents?

Finally, anyway to duplicate her indicators? She is using www.stockcharts.com; which I think costs $19.00 per month.

I currently use www.freestockcharts.com

peace

R247
I find mark Fisher ACD trading system to be best for trend continuation and more importantly to get a sense of bias for the day. The system only works on VOLATILE trading instruments like Crude Oil futures. I trade crude oil futures full time.

I will have to look deeper into the system for which you posted link.