well there's no one answer to that. yes could would use
the stochastics going back above 80% for a stop or back below 20%
for a stop, or you can use something else like a trendline or MACD
etc. Or use a 1 min chart to time it better, really no one
answer there
Posted by falcon5678 on 28th of Jul 2010 at 08:57 am
Thanks. I'm trying to simplify things a little bit.
I find that while the info in the newsletters is amazingly well
done and presented, it is quite overwhelming. What term chart
do I use (15 min,60min,daily etc..), what length stochastic (60,
144, 89), others studies like RSI, MACD etc.. Then there's the
count, fib numbers, trend lines, moving averages, divergence, PPO,
NASI and other strength indicators and another dozen other things
you go over that I won't mention. In the end I almost suffer
from analysis paralysis. As soon as I decide on a course of
action I notice something that may contradict it in another
indicator. There is no real question here for you I guess -
I'm just confused. I'm trying to figure out how to focus on a
few things and roll with it.
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well there's no one answer
Useful Dynamic Stockcharts
Posted by matt on 23rd of Jul 2010 at 02:16 pm
well there's no one answer to that. yes could would use the stochastics going back above 80% for a stop or back below 20% for a stop, or you can use something else like a trendline or MACD etc. Or use a 1 min chart to time it better, really no one answer there
Thanks. I'm trying to simplify
Posted by falcon5678 on 28th of Jul 2010 at 08:57 am
Thanks. I'm trying to simplify things a little bit. I find that while the info in the newsletters is amazingly well done and presented, it is quite overwhelming. What term chart do I use (15 min,60min,daily etc..), what length stochastic (60, 144, 89), others studies like RSI, MACD etc.. Then there's the count, fib numbers, trend lines, moving averages, divergence, PPO, NASI and other strength indicators and another dozen other things you go over that I won't mention. In the end I almost suffer from analysis paralysis. As soon as I decide on a course of action I notice something that may contradict it in another indicator. There is no real question here for you I guess - I'm just confused. I'm trying to figure out how to focus on a few things and roll with it.