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AzInvestor

03/03/12 2:37 PM

#3342 RE: a r #3341

I wished I would write down everything he tells me, but theres so much to at one time.

But I do know he uses the EMA 10 and 20. And one trigger is when the 10 crosses over the the 20. I know he uses the macd but I am not familiar yet what he looks for. Also the RSI with a parameter of 28.
There was another 1 or 2 more that I can't remember. But the thing is, he uses the charts solely to make his buys and sells. So basically all his indicators all have to say buy at the same time or he won't buy. Even if its 3 out of 4 say buy he won't until the 4th also indicates a buy. He said that GREATLY decreases his odds of a loss.

I know this is all general info that most here already knew. But I can finally say I understand it, which is cool.