Technical Analysis - Beginners 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 : Technical Analysis - Beginners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steven d. zapf who wrote (9590)	2/26/1999 10:08:00 AM
From: David R. Evans	Read Replies (2) of 12039

That's one way to do it. Another way is to use more then one Indicator to both get into and out of a stock.... Example: I use StochRSI (14) as my first entry point. when I see it cross up through 30 I put it on my immediate watch list for further evaluation. I then look at MACD (8-17-9) and Parabolic SAR. I want both of them to be giving me a buy signal also. I then draw a Regression Channel and want the stock to be breaking out of it. I also look at other things but I can stop now to save space... On my exit I now have a few options. In most cases I would want StochRSI (14) crossing DOWN THROUGH 70 as my exit BUT, there are many times when StochRSI (14) never reached 70 so if I wait I may be sitting with a stock that is moving down.... In these cases, I would be watching MACD (8-17-9), Parabolic SAR, MACD (13-26-9), and my Regression Channels. I may wait for just one of these to tell me to exit OR, I just may want two of them to give me the pink slip. See how it can work??? Dave Evans

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next