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Eagle007

03/04/17 10:52 PM

#7447 RE: Airic101 #7444

Buy at a low RSI 55 - 60, the shorts "MM" will help get it there .... sell at high RSI 80 - 90 then you will do well most of the time, there are a lot of other factors though .... if the stock is heavily shorted like ICLD is Buy and Hold at these levels, you will do well when they cover, imo .... GLTU .... ICLD ....!!!!

http://otcshortreport.com/?index=ICLD&action=view
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zerosum

03/04/17 10:56 PM

#7448 RE: Airic101 #7444

For me, and everyone is different, I keep it simple. I use the daily chart's open and close, and I use specific moving averages. I also look at the weekly and monthly charts. I learned from following a successful trader's method out of New York. It's a great website with free morning and afternoon video's if you are new to trading. I'm not selling anything, but if your want to watch the free video's go to t3live.com.

The MA's I use and the trading group in NY swears by are:
8 EMA (exponential moving average)
21EMA
50 SMA
100 SMA
200 EMA
200 SMA

These have served me well.