irishpitbull 54 posts msg #98657 - Ignore irishpitbull |
1/19/2011 6:00:47 PM
Set stop at recent high and take profits when the slow sto crosses back down.
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bkhurana43 103 posts msg #98663 - Ignore bkhurana43 |
1/20/2011 9:03:36 AM
Thx irishpitbull,
How about giving the community the other side of the filter(LONG version) with clear indicators BUY/ WAIT.
I like your Short filter.
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irishpitbull 54 posts msg #98681 - Ignore irishpitbull modified |
1/20/2011 11:00:36 PM
I use the MACD as the trigger. If the divergence is trending down, I pass on trade. If the MACD is flat I'll look to RSI for entry. If RSI is 2 days up ill take it. If MACD is tending up thats the good stuff.
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