..presents the 'Holy Grail Setup' and much more. I came across this interview by a sucessful trader on the Time is Money blog.. and I have to tell you that much of what she uses is also used by me and works wonderfully well in Emini markets. It's hard to explain one by one as to how it should be setup but for those who understand it will surely benefit from it.
http://www.lbrgroup.com/images///raschke_pt2_0304.pdf
Here are two charts of S&P both with EMA and SMA, decide where it's heading.
IMO, it's heading sideways Monday then heading higher on FOMC announcement. I think it has a long way to go and will probabaly be making a new high in the 1600's.
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Stewie also uses this Holy Grail setup very successfully on stock trades over many time frames.
yeah, I am also reading about it from diffrent places so I can fit the pieces together and use this in my own trading.
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