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Strategies & Market Trends : LastShadow's Position Trading
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To: Dave Triplett who wrote (468)9/17/1998 4:32:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
<< If you want to watch CMOS (because it does have potential)draw a 14 MA in red and a 25 MA in blue on a daily chart. Place MACD with zero line and watch for breakout on increased volume. Sell sig was given on 3/12/98 for long term plays. Use MACD for shorter term trading.IMHO>>

Dave, I know how to draw moving averages (I assume you mean simple averages), but what exactly did you mean by the MACD with zero line. The charting software I use will display MACD underneath the price chart, are you overlaying this on the price chart. And when you say breakout, do you mean when the price breaks out of the channel between the 14MA and the 25 MA.

Always trying to learn TA techniques from others, and if I sound confused, it is because I am, but that is nothing new, just ask my wife.

Thanks

David
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