BNB Triple Screen
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   zezozoze
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Username: zezozoze Post Number: 2 Registered: 01-2006Rating: N/A Votes: 0
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| | Monday, January 30, 2006 - 09:26 pm: | 
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Hi, Based on my understanding of Elder's triple screen trading system, BNB looks like a good long oppurtunity should prices move one tick above the high of the previous day. As shown:
Furthermore, as considered important for any long position the 13 week EMA is up, and prices are above the 30 week EMA. If anyone has any comments on this they would be greatly appreciated. As I have noticed with a lot of books on trading precise details are often difficult to work out.
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   zezozoze
Member
Username: zezozoze Post Number: 2 Registered: 01-2006Rating: N/A Votes: 0
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| | Friday, February 03, 2006 - 08:52 pm: | 
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Well, an order was never placed because that tick above the previous day's high was never made. Now the FI has moved down further into "multi-week low" territory, and thus can not longer be considered for a long.
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   rastus81
Member
Username: rastus81 Post Number: 3 Registered: 12-2007
Rating: N/A Votes: 0
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| | Sunday, November 02, 2008 - 08:22 pm: | 
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In that case, it worked perfectly then!
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