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Strategies & Market Trends : Technical Analysis - Beginners
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To: Tom Halkar who wrote (10869)4/3/2000 9:29:00 AM
From: Tom Halkar   of 12039
 
Al

I need to clarity the Macd's.

There are 3 main one of value use in entry/exit point on a trade on Daily charts.

8-17-9 (short 1-3 days)
12-26-9 (intermediate 1-3 weeks)
13-34-89 (long 1-3 months)

People play the x-overs game with these indicators. Some people use x-over of the fast and slow lines or the x-over of the zero line. Look at the chart to see what I am talking about.

This should get you started in determining your own
entry(buy)/exit(sell)point on a trade.

Have a splendid day!!!
Tom
The Windy City
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