StockFetcher Forums · General Discussion · TheRumpledOne - what do you use for daytrading?<< >>Post Follow-up
clam61
92 posts
msg #43853
Ignore clam61
5/18/2006 3:05:34 PM

What do you use that can give you intraday RSI(2) ?

Do you run a scan for stocks or do you just trade the same ones over and over (I think the same ones over and over, but just making sure). If you trade the same ones over and over, how did you find those stocks and what criteria did you look for?


TheRumpledOne
6,411 posts
msg #43859
Ignore TheRumpledOne
5/18/2006 4:22:37 PM

I use TradeStation.

I have a whole lot more than real time RSI(2)!

Check out my yahoo forum....

http://finance.groups.yahoo.com/group/TheRumpledOne

I have a few stocks that I trade over and over...

Call them my "cows" as in cash cows...lol

SNDK has been a favorite cow this week.

And I trade EURUSD in Forex. I pipped it to death today...lol

My "indicator" of the moment is the previous candle's midpoint.

I use that on 1/5/15/60/daily charts and scalp away.

HTH.

MAY ALL YOUR FILLS BE COMPLETE.


clam61
92 posts
msg #43867
Ignore clam61
modified
5/18/2006 5:53:12 PM

if you use mid point method, intra day, it would have to be a heavily traded stock, right?

using that on a 1 minute vs 15 minute intra day chart would make for different results, wouldnt it?


petrolpeter
439 posts
msg #43896
Ignore petrolpeter
modified
5/19/2006 1:04:19 PM

Rump,why not take atrade on every pivot,perhaps every tick?I set an example at Elite Trader;Stocks;Petrolpeter thread for a visual.



TheRumpledOne
6,411 posts
msg #43909
Ignore TheRumpledOne
5/19/2006 8:20:33 PM

if you use mid point method, intra day, it would have to be a heavily traded stock, right?

using that on a 1 minute vs 15 minute intra day chart would make for different results, wouldnt it?
===============================================================================

The 15/60/daily give direction.

The 1/5 are for timing entries.




TheRumpledOne
6,411 posts
msg #43910
Ignore TheRumpledOne
5/19/2006 8:21:40 PM

Rump,why not take atrade on every pivot,perhaps every tick?I set an example at Elite Trader;Stocks;Petrolpeter thread for a visual.
==============================================================================

You could enter/exit off the pivots. That's what the original Gridiron strategy did.




StockFetcher Forums · General Discussion · TheRumpledOne - what do you use for daytrading?<< >>Post Follow-up

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