Position Trading in Canada Message Board

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Gold/Mining/Energy : Position Trading in Canada

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To: Ward Nicholson who wrote (589)	1/24/1999 6:42:00 PM
From: Cush	Read Replies (2) of 2259

Ward: Regarding N and the charts. Thanks for these comments about Stochastic and trading ranges. I am learning all the time, and this forum and the "DayTrading" forum are great classrooms. Usually with Canadian stocks I run my charts at askresearch.com I have been using a combination of Stochastic, MACD, and OBV indicators, observations of the MAs, and gut-feel with some success. But I do know enough to recognize the difference between a good system and luck. As my discipline improves, I hope to rely less on luck and tea leaves. I'm adding N to my watchlist. It was there a while back. Based on the Stochastic indicators used by the ask.research site, I would usually wait until at least the 13-7-7 indicator turned. Then try to confirm with MACD. As it is the 5-3-3 Stochastic is turning; often a preliminary sign. As usual, I'll be listening to you tomorrow. Cush

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