in Search

Trading the RMO Short Term

Last post 11-20-2009, 14:06 by Esplorare. 0 replies.
Sort Posts: Previous Next
  •  11-20-2009, 14:06 31252

    Trading the RMO Short Term

    Lately I've been experimenting with the RMO and after several weeks I find that it is not effective for short term intraday trading. Once confirming signals are indicated to enter a trade, about 65% or more of the move has already been made with a reversal likely to occur. I haven't tested it with the System Tester for different time frames, but from first hand live market trading experience it doesn't seem to be too reliable. It would be interesting to hear Rahul's comments about using it for short term intraday trading. I'd also welcome any feedback from anyone who can support or disprove my findings.  

View as RSS news feed in XML