Replies to post #127675 on Option Millionaires

[$$$DEEJ**$**MONEY$$$©]

I like an RSI that is starting to point upwards that just crossed over 30. I like at least 1 green candle no matter how big it is telling me a confirmed base is in at the bottom of a trend. I use the williams R% and like her to cross back past 80. below that I use the PPO and ADX below the PPO and I like to see the PPO line towards the bottom pointing towards the ADX line up towards the top squeezing together. PPO line has to start leveling out though and starting to in a swoosh move start heading upwards. I also use the +DI and -DI to confirm the strenght of what the ADX line is telling me. Below that I use accum./dist and I like to see a leveling out and no major downturns in it and even lower than that I really like to use the ATR which tells me what the average daily trading range is of the stock. That tool tells you alot. I love when a stock is at its base or bottom and that ATR is really low, alot lower than what the average trading range has been recently. Its the calm before the storm man. on my chart i also use the 9,15, 50 and 200 day EMAs. Love to see the 9 day passing upwards through the 15 day. those are my 2 most important EMAs

[jmtrade]

You're mainly lookin for these guidelines on the daily and then going back through shorter duration charts right?

Also you have a paid membership to stockcharts right? I need to find a good scanner because unfortunately I have to split my time during the day between trading and work. I've tried using screener to get an idea of the stocks that I want to watch but I haven't made it work for me yet.

[PennyTree]

SKULs 50 crossed the 200 today. adding more 17.50s tomorrow