Forum Archive Index - November 2001
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[sharechat] PTD Sell?
My choices for signalling an exit from PTD would be :-
(i) Trendline break
(ii) Parabolic SAR (Stop and Reverse)
(iii) Exponential Moving Average (min 6 days, max 10 days)
These are all plotted on the chart below, which includes todays action as at
4pm. These indicators gave entries within a day or three of each other, and
though very different, should give reasonable correspondence at the exit. The
SAR has already signalled an exit.
I would go with Mr Nua and sell on the first Close below the trendline.
Phaedrus.
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