Silicon Investor (SI) -- The First Internet Community

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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (2246)	1/8/1998 3:16:00 PM
From: ExCane	Read Replies (2) \| Respond to of 12617

Richard- Maybe this isn't the forum, but what does 89x5=445/60=7.416 mean? -Alex

To: Richard Estes who wrote (2246)	1/8/1998 3:19:00 PM
From: Michael Abramson	Read Replies (1) \| Respond to of 12617

Yes Richard, it's exactly what I'm talking about, daytrading we are trying to catch intraday cycles (predict them with different degree of success :) ) and in this case 7.416 represents only half of projected cycle which in best cases misses swings and in worse cases misleads to false buy and sell signals. In any case, Richard I don't try to doubt your expertise in TA, everybody on SI earned from your knowledge and your openness and your participation here is a privilege for everyone here. Question of this particular issue is to validate using of MACD on intraday basis. By the way, I tried to set this parameters on tick by tick chart, didn't have enough time to observe it, but at first glance it looks good. Regards, Michael.