maxreturn 745 posts msg #49954 - Ignore maxreturn |
2/11/2007 1:57:18 PM
Real funny safetrade. Man this forum is deteriorating.
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SAFeTRADE 646 posts msg #49947 - Ignore SAFeTRADE modified |
2/14/2007 10:43:57 AM
The deeper the V the better, in other words the further RSI(2) is below 50 1 day ago the better the move. RSI(5) @ or above 50. Good for a 3 to 5 day run.
Count your Chickens and save the eggs, they be GOLD.
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SAFeTRADE 646 posts msg #50026 - Ignore SAFeTRADE |
2/14/2007 6:34:41 PM
Let's see if ARWR lays some golden eggs.
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lockwhiz 206 posts msg #50054 - Ignore lockwhiz |
2/15/2007 9:06:13 PM
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killertrader 18 posts msg #50136 - Ignore killertrader |
2/20/2007 11:48:49 AM
This is working for me. LMIA today.
Something about the big dip in RSI(2) coming back to meet RSI(5) above 50.
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dunamis 18 posts msg #50157 - Ignore dunamis |
2/20/2007 6:42:40 PM
Hey Killer, how do you trade this? Wait for green? By at open regardless? Filter looks great!
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killertrader 18 posts msg #50162 - Ignore killertrader |
2/20/2007 10:22:22 PM
I noticed there is something to the RSI(2),RSI(5) scenario SAFe describes. LMIA had a very deep V, with RSI(5) staying above 50, so it was due for a pop, plus it had a bullish engulfing candle yesterday breaking out of resistance. I just waited to see what it would do, then went for it. It's not what you trade, but how you trade it. I think I read that somewhere. Good luck!
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