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Strategies & Market Trends : Technical Analysis - Beginners

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To: ExCane who wrote (7972)	1/25/1998 2:44:00 PM
From: Richard Estes	Read Replies (2) of 12039

Yes, we have. I suggest Andy's index might address your questions. As for RT, a number of us apply indicators to RT charts. I am unaware of anyone that daytrades in the group of regulars. I believe I suggested a 89EMA with a 8 shift to the right on a 5 min chart as one that a real short term trader can use. I have found if an indicator has value you can apply it to most time frames. There is a buzz word for it, that I can't remember now. As for your MACD setup, I don't know what you have, but that is the idea to find those moves that aren't coincidence, you do this by testing many stocks over a long time frame. I wouldn't mind daytrading with someone else's money.

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