ADVERISING

Archive for August, 2009

Cracking the Resistance Line

Monday, August 24th, 2009

Hey, the SP500 has cracked the resistance line at 1018.00. But it’s too early for a thumb up.

chart_gspc

The Trend Map (color behind the candles) turned blue (blue = uptrend).
The next resistance  should be at 1070.00.

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Hmmm, can we make money with this idea?

Monday, August 17th, 2009

Air France great Stock Chart

Perhaps.

I got great backtest results with the EMA No.2 A3 System on AFR.DE (Air France , traded on Xetra): round about 2000% since 2007. Then I tried AF.PA (Air France traded in Paris): round about 120% since 2007.

air-france-2

The EMA works better with the Xetra quotes, because the volume is low, not so noisy like the quotes on the Paris exchange. But is it possible to work with the Xetra Charts and a trade execution in Paris?

Does the idea work?

On a chart a lot of things could look great ;)

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