Using the 3-10 Oscillator In last night’s Deep Practice, I was asked to teach a little about using the 3-10 momentum oscillator. This is a tool I used extensively for many years. I found it best to use with a 20-bar moving average as a measure of central value and as a surrogate trend line. Although there are many uses of the 3-10, some, like divergences, are never a part … [Read more...]
Series of Great Holiday Week Trades
Holiday Trading Some traders tell me that they don't like to trade during holiday weeks because the markets don't move that much. That was probably true in years past, but there are more and more participants each year, many from outside the US. These traders are having their impact on the volume and activity of the markets. This trend is giving us better opportunities in … [Read more...]
The 3-10 Oscillator & Black Friday
3-10 Oscillator In Thursday’s Deep Practice session, one of the members asked about using the 3-10 Oscillator. It is a tool that I have used for over a decade. You don’t need to use it, everything can be seen in the chart, but it can be helpful in various situations. I like to use it in conjunction with a 20-period moving average. I use the EMA, but a SMA will work just as … [Read more...]
