Systems, Strategies and Resources for Trading Futures 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 : Systems, Strategies and Resources for Trading Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chip McVickar who wrote (14412)	2/1/1999 4:38:00 PM
From: Clay M	Read Replies (1) of 44573

Hi Chip. I mostly use 5 min charts with stochastics & MACD along with several moving averages. I mentioned to Scott the converging of those ma's this afternoon at 1:15 was the tipoff that something was about to happen. I look at TRIN as a trend continuation indicator mostly, but often it will show the change in trend. I also use indicators on TICK, TIKI, & PREM. With choppy markets like this, there seem to be more false small moves to knock out the stops before it turns and goes in the other direction. So, if anyone was following for example Stochastics and took a position on a turn of the trend, they should have a backup indicator to smooth out the bumps. I think that's the tricky part. Your work with the pitchfork seems pretty interesting, I'm glad to hear more about it. I have used it with stocks im Metastock before but have never applied it to spoo trading. I use Tradestation and I don't believe it will draw the pitchfork. Regards, Clay.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next