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Re: Magui273 post# 196333

Wednesday, 08/23/2006 1:53:57 PM

Wednesday, August 23, 2006 1:53:57 PM

Post# of 286614
I like the RSI, but using only one indicator can prove to be costly. Personally I like 5 indicators and as long as atleast 3 of the five are where I want them, then I MAY buy. The volume is also a great indicator. The RSI moving above the 50 is good. The ADX black should be moving upward and ideally the green line should pass above the red. The CMF in the green. The Accum/Dist preferrably towards the top or moving in an upward direction. The williams above the 50 moving upward is very good. These are my favorite indicators and right now only the RSI and Williams are close to a buy position. JMO
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