Replies to post #29993 on ETF SWING & DAY TRADING

[sammy1024]

also using winfree's points are a good way to go.


regards

[2X-Be-Me]

Little Chico, have you found a good confirmation number on the upside using the slo-stoch 14/5 chart? In other words, if sub-20 confirms the RSI-5 "buy," what number in your opinion confirms the RSI-5 "sell?" I've noticed, for instance, that sometimes the slo-stoch 14/5 numbers exceed 85 on the upside before a top is hit and a sell is advisable. Thanks. 2X

[Nocona]

Chico:

As always my friend, Thanks a lot. When the stoch fell below 20 to 17.01 the price was 41.82. The stoch kept falling to 13.96 then to 10.24 then to 9.98 and then to a lower 9.35 before it started up. You took the price when the stoch was 9.98. Did you see a rising ADX at that point and put more weight on that than the stoch that was still falling resulting in a lower price.

Nocona