DAYTRADING Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SwampDogg who wrote (1327)	6/23/1999 10:35:00 AM
From: Eric P	Read Replies (1) of 18137

fuddle: Although not precisely on point, you may want to read Steve's post on multiple time frames: #reply-10036010 Ideally, you may want to use several time frames in analyzing a trade. An example of this is Alexander Elder's "Triple Screen". In this method, he looks for trades where he can enter a position in the same direction as the long term trend (Screen #1), but against the short term trend (Screen #2, i.e. Buy on a pull back during the longer term uptrend). Finally, his third screen it to wait until the short term pull back has ended and the stock is just at the very early stages of re-asserting it's upward move (i.e. Very short term trend is up). -Eric

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next