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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (1885)4/7/1998 4:25:00 PM
From: David R. Evans  Read Replies (2) | Respond to of 4056
 
Hello All,

I like to buy when Dahl is moving UP but it does not have to be above 0... Why, well I like to turn shorter term trades into longer term trades when things are right.When you run your scans tonight look at the stocks with Dahl crossing UP THROUGH 0. Put up a StochRSI (14) on the screen and look at what you see. In many cases StochRSI (14) is either ready to give you a sell or has just told you to sell. Now, If Dahl was NOT LONG when I got into the trade I might stay in now that it is. Many times StochRSI (14) will drop BUT not all the way down through 30. Dahl and price will continue up and I have a longer term trade.

I have found that StochRSI (8-5) will lead into StochRSI (14) and StochRSI (14) will lead into Dahl....

Let me know if you can see it on the charts tonight..

Dave Evans