yep and realize that's more of a strategy that's pretty simple
using Stochastic. and some other things. You don't know the
long statistical history that's a short time.
again I've given you a lot of tools i.e. puzzel pieces to use to
try and put together your own methodology, here's a short list
- 60 Stochastic above 50% look to buy abc type pullbacks, same
for when MACD crosses above zero. When 60 stochastic is
trending above 80%, one can buy shallow pullbacks with tight
stops.
The MA ribbon pinches squeezes provide low risk long and short
trades, with the best one's being the first pinch/squeeze after a
60 Stochastic crosses above 50% or MACD above zero
Symmetry is an awesome tool for looking for areas of support or
resistance, or to confirm when a trend is over and when to look to
buy the a higher low bounce or short a lower high bounce.
The 50% area for 60 Stochastic and 34 Stochastic are low risk
buy opportunities
Places where the MACD line comes and pinches nearly touches it's
average (MACD Kiss) is a low risk trade
doji candlesticks extended far from their 9 EMA's esp if you see
some CCI divergence can provide low risk trades
CCI extreme spikes to >-250/300 esp if you see some pos div
after that are low risk bounce trades
the list goes on and on, there's a lot of different puzzel
pieces to use to put together something that works for you
Posted by elementsix on 28th of May 2020 at 05:41 pm
Good Point Matt, a strategy more than a system.
I have tried applying to a few other stocks (incl FB ) and it
was not nearly as clean. Worked for
MSFTat this moment in timeand I'll take it only for
that, while it lasts. Certainly haven't backtested it...
Thanks for the great cheat sheet!
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thank you, very interesting, i
Sharing some successful trades I've done on MSFT lately. This ...
Posted by bigdaddie01 on 28th of May 2020 at 04:41 pm
thank you, very interesting, i can tell you've devoted a lot of time to develop this system, appreciate you sharing.
yep and realize that's more
Posted by matt on 28th of May 2020 at 05:13 pm
yep and realize that's more of a strategy that's pretty simple using Stochastic. and some other things. You don't know the long statistical history that's a short time.
again I've given you a lot of tools i.e. puzzel pieces to use to try and put together your own methodology, here's a short list
- 60 Stochastic above 50% look to buy abc type pullbacks, same for when MACD crosses above zero. When 60 stochastic is trending above 80%, one can buy shallow pullbacks with tight stops.
The MA ribbon pinches squeezes provide low risk long and short trades, with the best one's being the first pinch/squeeze after a 60 Stochastic crosses above 50% or MACD above zero
Symmetry is an awesome tool for looking for areas of support or resistance, or to confirm when a trend is over and when to look to buy the a higher low bounce or short a lower high bounce.
The 50% area for 60 Stochastic and 34 Stochastic are low risk buy opportunities
Places where the MACD line comes and pinches nearly touches it's average (MACD Kiss) is a low risk trade
doji candlesticks extended far from their 9 EMA's esp if you see some CCI divergence can provide low risk trades
CCI extreme spikes to >-250/300 esp if you see some pos div after that are low risk bounce trades
the list goes on and on, there's a lot of different puzzel pieces to use to put together something that works for you
Good Point Matt, a strategy
Posted by elementsix on 28th of May 2020 at 05:41 pm
Good Point Matt, a strategy more than a system.
I have tried applying to a few other stocks (incl FB ) and it was not nearly as clean. Worked for MSFT at this moment in timeand I'll take it only for that, while it lasts. Certainly haven't backtested it...
Thanks for the great cheat sheet!