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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (3516)	7/10/1999 10:21:00 AM
From: The Devil Dog	Read Replies (1) \| Respond to of 4467

A little OT Morning Keith Was just thinking about your situation and trading evolution into mini's etc.. Although I definitely know that I am not ready for that level of trading, was curious as to what indicators you are using. As you know I am still using the very simple indicator MACD and MA in which to show market direction for my trades. Now so far these indicators are proving to be very good on 200K-3mil vol stocks. max 3000 trades a day. Now I realize that this is a lagging indicator, I now only use them to establish initial buying or selling direction and rely on the actual MD to determine entry/exit. By the time the MACD has show a buy or sell I am already in or already out.. It actually is a very good simple preliminary indicator and has been very good to me. ? . You have all that data flying at you and can no longer rely on lagging indicators but require forecasting indictors, are you still using candlestick for intraday and some form of oscillator to forecast ? I see there is a thread on your new interested subject is this covered there? I will definitely start to follow that thread. The reason I ask is on real fast moving stocks my indicators are lagging way to much, and wondered if the forecasting methods that you might be using could apply to the occasional stock that really kicks up it heels occasionally here. Your thoughts would be greatly appreciated,Thanks. Best Regards WB