Post
Topic
Board Speculation
Re: Goomboo's Journal
by
dandirk
on 07/05/2013, 19:46:06 UTC
As i have observed them, even if they're, at a certain moment, very prone to cross this can change and the "very likely" crossing turns out to _not_ happen.

I've observed same; that's why I usually wait for another candle afterward to confirm the cross.

And I also do not use the numbers suggested by Goomboo.  Sometimes I even change the timeframe I'm looking at (other than just hourly all the time), depending on other factors.  But overall I have to say, the simplicity elucidated by Goomboo's system has instilled a confidence in myself to develop my own personal trading system, and to stick with the game, and I find that as long as I stick to my system (really just A system, no matter how simple/complex), I keep profiting more than I would just buying (or mining) & holding.

There is definite value in OP here and I certainly appreciate it.

Great piece of advice... I think this method is simple and will make money for those with the patience to do so.  I think I looked back some ways and outside of those stable periods where they pretty much cross back over each other on a slim margin, the method is pretty much tried and true.