InvestorsHub Logo
Followers 29
Posts 9162
Boards Moderated 5
Alias Born 08/01/2006

Re: RICK C post# 14775

Tuesday, 04/08/2008 11:50:21 PM

Tuesday, April 08, 2008 11:50:21 PM

Post# of 29692
Anytime Rick. I have some really good things to help you learn. I you want I will show you what I know.

My email is WayneC777@aol.com
feel free anytime. I enjoy helping where I can.

Also


===================================

In reply to: charger who wrote msg# 8820
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23872528
RE:SNUS...makes no sense at all charger...the 10 MUST lead the way initiating a move up..followed by the 20..then finally the 30 for continuation.3DSTO score is 0,.33,.009...my guess is that the history must increase more before the 3 components will be meaningful for one thing.A 10 score of 0 means the lowest smoothed PPS level in a 10 day sampling a 20 score of .33 I guess ..in a way then ...does make sense..but you would think that the 30 would be higher than the 20 with that sort of thinking. Weird! One things for sure...It Don’t Look Good!(LOL)

Care must be taken BTW on the 1,1,1 scores on 3DSTO because if the EMA(17) has very little leg room to continue a rise then a 1,1,1 score might actually be a clue to SHORT a stock...especially if a reversal begins on the 20 component. Thought I would toss that in as an FYI Scans are easily built for it and in fetcher I simply add columns for all 3 … click to descending value on the 30 component and if its a 1 then the other will be also.

===========================================
Wayne, sorry to be so long on answer ... I just added CCI (48) to my day chart to try to cancel false buy signals.
1 - I use 10 minute almost exclusively and the chart I try to keep simple but its getting hard to do.
2 - MACD ...
A - any choppiness and its a no go ...
B - some of the intra-day gain is missed on some if you wait for bullish cross of fast line over slow line,
C - so … if I try to use MACD for entry I am seeing other indicators showing possible reversal then I watch for MACD - Fast Line to go flat with only a hint of upturn on it ... if you time it right you nail bottom almost dead on. Trend direction MUST be watched though … if daily trend is up then you are more safe in nailing an intra-day pullback but if trend on daily chart is down then you don’t have the trend on your side so one must be sure as possible of maximum short term oversold condition ...
3 - play the pop and wait for next oversell which is likely to be a bit lower in price.

===================================
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.