I needed to pinpoint the bottom with more than just a 9-day RSI.
What are the most important things for Technical Analysis?
- Thread starter iamnewuser911
- Start date
I feel like I'm getting trading figured out.
Man With Gold trading system:
Funds are likely to overperform a rising 20-day Keltner Channel. Funds are likely to underperform a falling 20-day Keltner Channel. Settle for selling at just over 50 on the 9-day RSI when you have a falling 20-day Keltner Channel.
Don’t buy negative Weighted Alpha funds, because they are mostly crap.
Man With Gold trading system:
Funds are likely to overperform a rising 20-day Keltner Channel. Funds are likely to underperform a falling 20-day Keltner Channel. Settle for selling at just over 50 on the 9-day RSI when you have a falling 20-day Keltner Channel.
Don’t buy negative Weighted Alpha funds, because they are mostly crap.
Change that 20-day Kelter Channel to a 9-day Keltner Channel to get better feedback on whether to hold 'em or fold 'em.
I thought the 9-day Keltner Channel was still a little stiff for feedback, so a 5-day, and then I might as well go Awesome Oscillator....
Street Smarts trading strategy
Swing trading with an opportunity to hold
Buy funds from the Street Smarts Screener. Sell funds according to the 34-day and 200-day Keltner Channel direction. If they are bullish, you may hold for more profit. If they are not bullish, sell at over 80 on the 9-day RSI or sooner to take a profit or minimize loss.
Funds are like manna and eggs: pick your share for the day, no more and no less. Never catch a falling knife. Try to keep each fund to less than a 2% loss.
Swing trading with an opportunity to hold
Buy funds from the Street Smarts Screener. Sell funds according to the 34-day and 200-day Keltner Channel direction. If they are bullish, you may hold for more profit. If they are not bullish, sell at over 80 on the 9-day RSI or sooner to take a profit or minimize loss.
Funds are like manna and eggs: pick your share for the day, no more and no less. Never catch a falling knife. Try to keep each fund to less than a 2% loss.
This catching a falling knife is getting old pretty fast.
It seems there's nothing better for showing action than a Bullinger Band bulge.
Remember the 80-20 rule of Williams Percent R and Slow Stochastics.
It seems there's nothing better for showing action than a Bullinger Band bulge.
Remember the 80-20 rule of Williams Percent R and Slow Stochastics.
Search for funds by Bollinger Band breakouts. Buy and sell funds according to which Awesome Oscillator makes more sense and the 80-20 rule of Williams Percent R and Slow Stochastics %K and %D.
Using a 100-day Slow Stochastic was a little too long-term and complicated.
Buy and sell by whether it’s above or below 50 on the 9-day RSI and by which Awesome Oscillator makes more sense.
Buy and sell by whether it’s above or below 50 on the 9-day RSI and by which Awesome Oscillator makes more sense.
I finally entered the world of short selling, didn't have much success without it, and I thought it would be good to have that 100-day Slow Stochastic back.
Initiate a trade using a Barchart Screener. Closing a trade by unfavorable 100-day Slow Stochastic %K and %D for more than two days is perhaps as good a way as any.
Initiate a trade using a Barchart Screener. Closing a trade by unfavorable 100-day Slow Stochastic %K and %D for more than two days is perhaps as good a way as any.
> What are the most important things for Technical Analysis?
Most important is: TA provides "only a tiny edge" according to legendary technician Peter Brandt.
Most important is: TA provides "only a tiny edge" according to legendary technician Peter Brandt.