Recent content by Konviction

AKAM and GILD

Lot of changes since last post. here is what I'm using now. 15m chart: ADX 25 and 30 crossovers, 66sma, 200sma, RSI and MACD, ATR trailstop (period 5, factor 2.5) 1hr charts: same as 15m daily charts: 66sma, 200sma, 11 period RSI and MACD I'm still focused on following the trend on the daily...

Daily trend on AMP was bearish, so we took the short after RSI confirmed an overbought signal. My long on WM however was not so lucky today. Still holding AMP short and M long.

Interesting charts. Nice analysis.

Personally I like the RSI and MACD histogram. But there is no best indicator.

"Someone is sitting in the shade today because someone planted a tree a long time ago." - Warren Buffet The major weekly and monthly trends that we see on our charts came from humble beginnings. They got their start on small intraday time frames, and like a snowball rolling down hill, it got...

I wish I had some clue to what all that meant on your charts. It looks like a total mind f--k, lol. But hey if it works, more power to you.

So far im taking most trades off the 1hr because I dont want to wait for ever for trades to play out, but here is RVBD on daily with ADX signal that I took few days ago.

example took HD short on 10/9 when adx crossed and dmi >= 25

I'm working on the same type of set up: ADX with macd and I am still back testing before going live. Try taking longs and shorts when a cross over has occured and DMI is + 25. You want to trade when momentum is high, this will help fiter out other crosses that are just noise.

big_pipin please add :)

AMZN lookin good for a short setup.

Here is my advice: 1) Forget about day trading, unless you have the capital and the skills to build an automated system (black box) to compete with the super fast computers hedge funds use to buy and sell thousands of shares a second before you have time to click your mouse. Do some research on...

Why is this thread so dead all the time? I guess most people havn't yet discovered their amazing power. Sigh.

Took longs on both WYNN and BA today among some others.