peaking67
22 posts
msg #45509
- Ignore peaking67 |
7/7/2006 1:01:18 AM
Being a novice, I don't understand some thgs about filters I see in the 'discussion' & 'filter exchange' msgs.
1.In the above-mentioned filter, what is "z" graph & how is it used in entering a trade?
2. what is the signal to enter a long trade w/ this filter? I'm a swing trader, w/ little 'swinging'.
3. What are LBB failures? Such as the "2-day fail candidates"? I don't understand why you need failures.
4. Is the RSI(2) supposed to be at a certain point before entering a trade?
Appreciate your answers.
Thnx for all the energy that goes into these threads.
Sid
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luc1grunt
622 posts
msg #45591
- Ignore luc1grunt |
7/9/2006 9:02:16 AM
Do a scan for Muddy and RSI(2)......copy, study, and go from there. All your questions will be found in those threads.
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peaking67
22 posts
msg #45598
- Ignore peaking67 |
7/9/2006 1:06:23 PM
Thnx, luc1grunt, I got the filter.
But, I'm not a day trader, so I wouldn't know when a green light showed up.
Help me w/ the entry; what should the RSI(2) be doing & what should the z graph be doing, to make me enter the position?
Thnx, Sid
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luc1grunt
622 posts
msg #45607
- Ignore luc1grunt |
7/9/2006 6:34:05 PM
Read about "entering on green". It's not an indicator, just insure the stock is staying positive (green) to confirm a buy. Watch your volume intraday....other than that, no real indicators needed. However, read the post on using EMA's to minimize head fakes.
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