impliedvolatility 8 posts msg #68542 - Ignore impliedvolatility |
10/17/2008 3:21:29 PM
Good advice
|
TheRumpledOne 6,529 posts msg #68544 - Ignore TheRumpledOne |
10/17/2008 4:05:01 PM
See what I mean?!?!?
|
TheRumpledOne 6,529 posts msg #68546 - Ignore TheRumpledOne modified |
10/17/2008 4:08:01 PM
See most traders who use SQUIGGLYS would have being taking the long trades when MACD crossed.
Smart thing to do is only take the short trades when MACD crosses when price below the OPEN.
But even smarter is to forget MACD and use the buy zone.
So simple.
|
TheRumpledOne 6,529 posts msg #68547 - Ignore TheRumpledOne |
10/17/2008 4:11:11 PM
Ditto for Stochastics.
And don't think there are any "magic" inputs to make these indicators work better.
|
TheRumpledOne 6,529 posts msg #68548 - Ignore TheRumpledOne modified |
10/17/2008 4:13:09 PM
Even RSI(2) doesn't really do the job for trading unless you're good at divergence.
|
TheRumpledOne 6,529 posts msg #68549 - Ignore TheRumpledOne |
10/17/2008 4:16:40 PM
You can use a moving average like ema(5) so long as you follow the rule of thumb.
|
TheRumpledOne 6,529 posts msg #68550 - Ignore TheRumpledOne |
10/17/2008 4:18:17 PM
I prefer to FADE THE GAP and use the BUY ZONE.
It's simple and the statistics are on my side.
That's my edge.
|
mdl060374 94 posts msg #68556 - Ignore mdl060374 modified |
10/18/2008 1:26:28 AM
TheRumpledOne
- Ignore TheRumpledOne 10/16/2008 5:10:12 PM
mdl060374
Avery what is the name of indicator on Kreslik has the Prev days close in it? ...
(or can I ask that here?)
========================================
There's:
dailyopenprevclose
TRO_DOPC
and there could be a few more ( I don't remember all the names )
Look in the Downloads section for the TradeStation Motherlodes or do a search
====================================================================
Thanks. will check it out. This technique looks promising... It can chop you to hell around the open, but when you hit a good trade it makes up for all the losses. I think it looks very promising after the open.,.. ((I understand its a scalping techniques, but getting scalped .20 on the open again and again hurts.) I thinks its very usefull later in the day.. my. 02
Again. thanks for your response and advice.
|
Eman93 4,750 posts msg #68561 - Ignore Eman93 modified |
10/18/2008 1:12:02 PM
MOO!
|
TheRumpledOne 6,529 posts msg #68582 - Ignore TheRumpledOne |
10/20/2008 9:38:27 AM
GOOD MORNING!
|