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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (3199)	2/20/1999 2:41:00 PM
From: wiley murray	Respond to of 39683

Tom:Thanks. I like your approach and it seems to work for you considering your success.Do you trade options day or short term?

To: Dr. Stoxx who wrote (3199)	2/21/1999 11:08:00 AM
From: drsvelte	Read Replies (1) \| Respond to of 39683

Thomas, Ken, or anyone: I am trying to set up a screen in TC2000 using the stochastic oscillator. I'd like to set the parameters to match what BFTT uses with the timely.com charts. Based on the timely.com site, I assume %K periods is 14. However, it is not clear what the parameters are for %K Slowing or %D periods. Any suggestions? Also, I've put together a scan for MACD (12,26,9) to identify potential long and short candidates. I'd be happy to post them here, if anyone is interested ???

To: Dr. Stoxx who wrote (3199)	2/21/1999 12:52:00 PM
From: ted cerezo	Respond to of 39683

Hi Tom! It is interesting to see that you have shorten the time you hold each trade. Now it's 1-5 days instead of a couple of weeks. Nice to see that you are modifying your system to better fit your own personal risk tolerance. I noticed that you do apply the method of combining various time-frames, from daily charts to intraday charts. The same method could probably be applied to other time-frames, such as weekly and daily charts or monthly and quarterly charts. Of course with longer-term trades you know that wider stops must be used and to endure deeper drawdowns. Your comment about using the %R as a exit tool sound interesting. I figure the main exit strategies is either using the popular trailing stop, setting price stop, and/or time stop another exit is more the intuitive such as looking for patterns such as negative divergences between indicator and price or divergence between volume and price. Anyway, it's nice to see you keeping this thread going. I'm seeing the NASDAQ setting new highs. There are set-up patterns on the S&P 500 and NASDAQ short-term. But longer-term looking at about a year data, there are negative divergences all over the charts. How well, the markets behave as we get closer to year 2000 is anybody's guess......Ted

To: Dr. Stoxx who wrote (3199)	2/21/1999 10:08:00 PM
From: B. J. Barron	Read Replies (1) \| Respond to of 39683

tom...re exiting...i have found that macd set a 3-10-16 on five minute chart follows price fairly well and cross over down will get you out when consolidation begins,nearly at the beginning..on the entry side i will wait for a nice pull back in am esp. if macd price phase line has gone deeply below the signal line and then turns up and crosses up = nice place to enter...then stay with trend up until next cross down..works well with stocks like dell etc.