Stewie I noticed you look at the big picture first to find a short steup(usually 1yr charts) then what are you doing on the intraday?
I've only been using MACD and RSI and the MACD 0 line more than anything helps me in deciding if the stock is long or short or reversing. Finding a setup where you know there will be a breakout or breakdown is easy. Picking the direction EARLY is usually a challenge. Looks like Stochastics could help a lot intraday?
Thanks for the link to the video. I actually learn alot from it. Since there is a ban on shorting on most stocks. I have applied the system to going long. It certainly help me make money today :-)
Stewie I noticed you look at the big picture first to find a short steup(usually 1yr charts) then what are you doing on the intraday?
ReplyDeleteI've only been using MACD and RSI and the MACD 0 line more than anything helps me in deciding if the stock is long or short or reversing. Finding a setup where you know there will be a breakout or breakdown is easy. Picking the direction EARLY is usually a challenge. Looks like Stochastics could help a lot intraday?
Thanks for the link to the video. I actually learn alot from it. Since there is a ban on shorting on most stocks. I have applied the system to going long. It certainly help me make money today :-)
ReplyDeleteatl: good for you buddy. you can totally use his technique for long plays. i also love simple trading strategies.
ReplyDeleteThanks Stewie for pointing out this article!
ReplyDelete