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Thu, 03-30-2006, 07:49 PM
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| Super Member Join Date: Mar 2005 Location: U.S.A
Posts: 675
 | Log from after hours Q & A with MP & Stoc_Doc [03 30 18:57:04] [Lobby] Uptrend: What does SA mean when he says "come down and fill the gap on a chart" [03 30 18:57:58] [Lobby] mp6140: retro -- i never use CMF [03 30 18:58:02] [Lobby] retroman1987: ok [03 30 18:58:04] [Lobby] Stock_Doc: Uptrend: generally speaking a gap will always fill before it continues it's course [03 30 18:58:14] [Lobby] mp6140: i use accumulation/distribution instead [03 30 18:58:21] [Lobby] Stock_Doc: mm's don't like choppiness [03 30 18:58:31] [Lobby] Uptrend: thx Stock [03 30 18:58:32] [Lobby] TheSpeculator: do different time frequencies like 3 days or 1 week provide meaningful signals in rsiwlr, esp. in accum/dist? [03 30 18:58:34] [Lobby] frebet: Good Evening All [03 30 18:58:39] [Lobby] Stock_Doc: it doesn't always happen but it's a good bet [03 30 18:58:42] [Lobby] esology: evening frebet [03 30 18:58:43] [Lobby] Stock_Doc: welcome [03 30 18:59:08] [Lobby] mp6140: on the RSIWLR my "standard" chart is the 3 month [03 30 18:59:11] [Lobby] Uptrend: Stock: do they need to do it to cover [03 30 18:59:31] [Lobby] stoplossbug: mp i see now where said you were also using the MFI --have you tweaked it or using original settings [03 30 18:59:45] [Lobby] mp6140: BUT --- i ALWAYS look back two to three years to see how the stock is playing and where this 3 months lies in comparison to the overall stock performance [03 30 19:00:11] [Lobby] mp6140: MFI has not been tweaked [03 30 19:00:16] [Lobby] mp6140: maybe im getting old [03 30 19:00:16] [Lobby] stoplossbug: ok [03 30 19:00:18] [Lobby] Stock_Doc: Uptrend: in a way actually they do, because they need to cover their shorts so they bring the price back down [03 30 19:00:43] [Lobby] Stock_Doc: before they continue [03 30 19:00:49] [Lobby] mp6140: all gaps are not always filled, but with pennies almost always [03 30 19:00:54] [Lobby] Uptrend: Stock: Logical [03 30 19:00:56] [Lobby] fb186: Re: Gaps. gzfx gapped Mond from .009 to .025. Isn't that the gap [03 30 19:01:04] [Lobby] mp6140: for the reasons stock doc mentions [03 30 19:01:05] [Lobby] esology: case in point is GZ again [03 30 19:01:24] [Lobby] mp6140: GZ will fill that gap, i can betcha [03 30 19:01:42] [Lobby] fb186: What is gz's gap [03 30 19:01:42] [Lobby] rickster52fl: mp6140: is there any way to determine the time framework for filling gaps? [03 30 19:01:43] [Lobby] Stock_Doc: i can too, i haven't been online but i set a limit order to catch the gap filler with gzfx [03 30 19:01:55] [Lobby] stoplossbug: where is the gap? [03 30 19:02:11] [Lobby] mp6140: rick- not "really" [03 30 19:02:26] [Lobby] mp6140: but if you know your stock, you might be able to guestimate it [03 30 19:02:38] [Lobby] fb186: STOC Doc. what is the gap for gzfx? [03 30 19:02:39] [Lobby] rickster52fl: mp6140: so depending on other factors, it might be days or weeks.. [03 30 19:02:45] [Lobby] retroman1987: Stock_Doc: assuming mms are short otherwse would not have to fill gap ?? [03 30 19:02:47] [Lobby] esology: Close friday for GZFX was a little less then .012 [03 30 19:02:50] [Lobby] Stock_Doc: it depends on the stocks momentum, the attention it has, and such [03 30 19:02:53] [Lobby] cmonkey: How strong of support do you see gaps typically being with pennies? [03 30 19:02:56] [Lobby] esology: gapped to almost .015 didn't it [03 30 19:03:07] [Lobby] TheSpeculator: what are some good free intraday penny screeners that screen all otcs for % gain, vol, etc? [03 30 19:03:10] [Lobby] mp6140: with pennies, and especially when they are being "helped" as GZ is with interest and Page Ranking's, it could take days or weeks, hard to tell until you see where its heading and when [03 30 19:03:28] [Lobby] gingtc: Definition of Gap is? quick jumps? [03 30 19:03:31] [Lobby] mp6140: i dont usually see gaps as strong support with pennies [03 30 19:03:46] [Lobby] mp6140: with cramers picks, that is a different story [03 30 19:04:10] [Lobby] Stock_Doc: definition of a gap is just as it sounds, there's a gap between the closing of the day before and the current days' opening [03 30 19:04:31] [Lobby] scott_smith411: too many topics here [03 30 19:04:39] [Lobby] esology: I agree scott, I went moderated [03 30 19:04:45] [Lobby] mp6140: usually caused by extremely strong interest in the stock at EOD, or news released AFTER the close [03 30 19:04:48] [Lobby] esology: all questions are now routed through me [03 30 19:05:18] [Lobby] mp6140: with GZ, it was news AFTER the close [03 30 19:05:25] [Lobby] esology: Stock_Analyzer had an emergency at the last minute so we have MP and StockDoc on deck [03 30 19:05:33] [Lobby] frebet: Concerning CCI is 100 considered overbought or buy signal? I've heard both [03 30 19:06:02] [Lobby] Stock_Doc: -100 is oversold [03 30 19:06:08] [Lobby] Stock_Doc: +100 is overbought [03 30 19:06:13] [Lobby] TheSpeculator: what are some good free intrday penny screeners that screen all otcs for % gain, vol, etc? [03 30 19:06:22] [Lobby] mp6140: CCI at 100 (depending on the stocks history of how high it goes) can be considered warm [03 30 19:06:25] [Lobby] Stock_Doc: however, if you notice on charts there's different numbers representing the overbought r oversold [03 30 19:06:35] [Lobby] mp6140: i sell when the cci gets into the 200 area [03 30 19:06:52] [Lobby] esology: for the benefit of all can we spell out acronyms [03 30 19:06:57] [Lobby] esology: thanks [03 30 19:07:04] [Lobby] F1ynn: please explain CCI for us that are learning [03 30 19:07:05] [Lobby] mp6140: BUT --- looking back at the history of a stock will tell you how high the CCI normally goes on rallys [03 30 19:07:08] [Lobby] Stock_Doc: i like comparing where the cci has been the prior month or three months to where it is now to see where there's room [03 30 19:07:43] [Lobby] mp6140: and i look to the past highs, and if the cci is getting close to past highs THEN i consider it overbought [03 30 19:07:48] [Lobby] Stock_Doc: cci= channel commodity index [03 30 19:08:01] [Lobby] esology: Commodity Channel Index - CCI [03 30 19:08:05] [Lobby] Stock_Doc: oops [03 30 19:08:09] [Lobby] Stock_Doc: always mix that up [03 30 19:08:12] [Lobby] esology: An oscillator used in technical analysis to help determine when an investment vehicle has been overbought and oversold. The Commodity Channel Index, first developed by Donald Lambert, quantifies the relationship between the asset's price, a moving average (MA) of the asset's price, and normal deviations (D) from that average. It is computed with the following formula [03 30 19:08:13] [Lobby] mp6140: but the CCI, used with the MACD, is a very good indicator of trend and length of run [03 30 19:08:27] [Lobby] fibert: cci _ woodies shows - buy when + 200 ? [03 30 19:08:27] [Lobby] Stock_Doc: agreed, i like cci more the the rsi [03 30 19:08:43] [Lobby] Stock_Doc: on my charts i set it to 18 instead of the standard 20 [03 30 19:08:53] [Lobby] mp6140: and an uptrending CCI will show you that a stock is gaining strength and a possible long term hold [03 30 19:09:05] [Lobby] cmonkey: Does anyone use russell 2000 e-mini futures or other futures with their penny day trades? [03 30 19:09:07] [Lobby] mp6140: (but usu;;y not pennies) [03 30 19:09:49] [Lobby] mp6140: i wouldnt normally agree with that fibert [03 30 19:10:16] [Lobby] roozers42: when we talk about these indicators, do you think it would be helpful for all of us to pull up a chart and see what is being talked about? [03 30 19:10:18] [Lobby] mp6140: i used to follow the futures, but the tick and trin do most of it for me [03 30 19:10:37] [Lobby] esology: roozers that would work [03 30 19:10:53] [Lobby] mp6140: everyone have stock charts [03 30 19:10:56] [Lobby] Stock_Doc: i cannot bring up charts right now unfortunately but it is a good way to show and explain [03 30 19:10:59] [Lobby] esology: pull up something and ask away. Anyone else as well [03 30 19:11:01] [Lobby] mp6140: or my RSIWLR ? [03 30 19:11:48] [Lobby] gjor: RSIWLR? [03 30 19:12:03] [Lobby] esology: gjor that is a Mikey special listed on the forum [03 30 19:12:12] [Lobby] mp6140: LOL -- mike parkers world famous analyzer [03 30 19:12:17] [Lobby] scott_smith411: eso..maybe we could use ADOT as an example with stockchart for my earlier question? [03 30 19:12:20] [Lobby] Stock_Doc: hehe :P [03 30 19:12:43] [Lobby] roozers42: I've pulled up adot [03 30 19:12:45] [Lobby] Uptrend: Eso: Will this session be saved or do we need to do it from the disk? [03 30 19:12:50] [Lobby] esology: yes [03 30 19:13:01] [Lobby] F1ynn: so CCI is an indicator that not necessarily having anything specific, like a particular commodity, to do with the symbol being charted? [03 30 19:13:03] [Lobby] mp6140: ok ADOT opened [03 30 19:13:11] [Lobby] mp6140: correct [03 30 19:13:14] [Lobby] Stock_Doc: looking at adot [03 30 19:13:27] [Lobby] esology: trying to catch them all [03 30 19:13:35] [Lobby] esology: and group the questions [03 30 19:13:48] [Lobby] dr_frank: site help glossary n terms just idea [03 30 19:13:52] [Lobby] esology: dr_frank [03 30 19:13:54] [Lobby] Stock_Doc: with the free version i immediately put up cci (18) williams % (10%) and full stochiastics, sometimes slow stoch (5,3,3) [03 30 19:14:02] [Lobby] esology: we have a starting on the forum [03 30 19:14:11] [Lobby] esology: I also like www.investopedia.org [03 30 19:14:28] [Lobby] esology: starting of a glossary of terms that is [03 30 19:14:35] [Lobby] pattypatty: investopedia has terms and glossary Dr Frank [03 30 19:14:36] [Lobby] pattypatty: oh eso you beat me lol [03 30 19:14:56] [Lobby] Stock_Doc: stochastics are among my personal favorite indicators [03 30 19:14:57] [Lobby] esology: questions on ADOT anyone [03 30 19:15:09] [Lobby] mysman: why 18? what does that represent? [03 30 19:15:11] [Lobby] mp6140: dont forget to add the accumulation/distribution line [03 30 19:15:34] [Lobby] esology: I got yours up there scott [03 30 19:15:42] [Lobby] Stock_Doc: the period in which it uses for the formula mysman [03 30 19:15:42] [Lobby] roozers42: Stock_Doc: I've set the CCI and williams...not quite sure what the stochaistics are [03 30 19:15:51] [Lobby] mp6140: the acc/dist line, once youre used to it is better than the MACD, [03 30 19:15:57] [Lobby] scott_smith411: about support and resist? using adot for an example [03 30 19:15:58] [Lobby] cmonkey: mp, I'm guessing you use a/d over obv? [03 30 19:16:23] [Lobby] Stock_Doc: roozers42: stochastics i find is very good for determing the first day or two of a run [03 30 19:16:29] [Lobby] mp6140: absolutely --- shows much more [03 30 19:16:32] [Lobby] esology: anyone need more time setting up ADOT? [03 30 19:16:50] [Lobby] scott_smith411: but i dont know how to read support/resist..thats why the questions [03 30 19:16:54] [Lobby] Stock_Doc: when the k% line croses the d% there is buy signal [03 30 19:17:09] [Lobby] mp6140: on the slow stochastics, i often use 9,6 [03 30 19:17:17] [Lobby] esology: folks you will need to go to something like www.stockcharts.com to set up a chart for ADOT [03 30 19:17:34] [Lobby] esology: we can't place images here in the chat window [03 30 19:17:43] [Lobby] roozers42: stochastics set up itself at 14,3,3 - is that okay? [03 30 19:17:45] [Lobby] fb186: DOC: fast, slow or full stochs??? [03 30 19:17:56] [Lobby] Stock_Doc: everyone is different pertaining to stochs [03 30 19:18:11] [Lobby] Stock_Doc: fast is said to pick up runs faster HOWEVER it tends to whip a lot [03 30 19:18:16] [Lobby] Stock_Doc: meaning false signals [03 30 19:18:18] [Lobby] mp6140: scott, on the chart of ADOT, its pretty as a picture for support [03 30 19:18:22] [Lobby] esology: I know SA use both fast and slow [03 30 19:18:31] [Lobby] scott_smith411: and wghat are the base settings so we're on the same page? [03 30 19:18:36] [Lobby] Stock_Doc: slow may pick up a buy signal slightly slower but it's more sure [03 30 19:18:42] [Lobby] TheSpeculator: what are some good, free, live data penny stock screeners that scan the OTC markets for %gain, vol, etc. specified by the user? if anybody knows besides the moderators...please private message me [03 30 19:18:51] [Lobby] esology: that was for TheSpeculator [03 30 19:18:57] [Lobby] Stock_Doc: as to full stochs i almost consider that like a median [03 30 19:19:02] [Lobby] esology: I told him about www.stockscreener.com [03 30 19:19:09] [Lobby] Stock_Doc: for me i always liked my settings at 5,3 [03 30 19:19:19] [Lobby] F1ynn: please tell me what to set my acc/dist line at [03 30 19:19:35] [Lobby] smiling: hi everyone...right place for chart class ? [03 30 19:19:37] [Lobby] Stock_Doc: if you notice the first day of a run on adot and you scroll down without moving your cursor, it's just when the k% crosses the d% [03 30 19:19:38] [Lobby] mp6140: no setting for acc/dist [03 30 19:19:38] [Lobby] esology: he smiling [03 30 19:19:43] [Lobby] esology: this is moderated [03 30 19:19:49] [Lobby] esology: F1 www.stockcharts.com [03 30 19:19:53] [Lobby] Stock_Doc: or thereabouts [03 30 19:20:01] [Lobby] Stock_Doc: see what i mean? [03 30 19:20:11] [Lobby] cmonkey: Which index tick and trin do you use MP? [03 30 19:20:17] [Lobby] mp6140: nasdaq [03 30 19:20:30] [Lobby] Uptrend: MP: In Mikeys, why is the TRIX (triple exponential smooth) 3,5 instead of 5,3 ie. the signalis longer than the indicator. [03 30 19:21:01] [Lobby] mp6140: lol --- actually i now use 7,25 [03 30 19:21:32] [Lobby] cmonkey: here's a linkeable version to adot with the indicators you've been mentioning- http://stockcharts.com/h-sc/ui?s=ADO...d=p06549724751 [03 30 19:21:36] [Lobby] mp6140: because it creates a LARGE easily readable indicator [03 30 19:21:43] [Lobby] Uptrend: That odder... can you address that [03 30 19:22:15] [Lobby] crow15: If I'm trying to buy say 500,000 shares of a stock at the price of say .003 Should I place an AllOrNone order or noT? [03 30 19:22:30] [Lobby] fibert: tick and trin - for a good understandig for me - you don't use them for pennies? [03 30 19:22:43] [Lobby] esology: I do look at it if the market is red fibert [03 30 19:22:52] [Lobby] Phonetic: Stock_Doc: Do you use 5,3 for your settings on slow and fast stochastics too? [03 30 19:22:53] [Lobby] roozers42: Stock_Doc: I am seeing some crosses when there was not a run... [03 30 19:22:58] [Lobby] Stock_Doc: yes [03 30 19:23:14] [Lobby] esology: yes to Phonetic [03 30 19:23:21] [Lobby] Phonetic: ook thanks [03 30 19:23:34] [Lobby] Stock_Doc: roozers42: but the day they cross is a green day, it's a good day trading tool somewhat stingier when it comes to swing trading though [03 30 19:24:23] [Lobby] mp6140: too many pms --- what did i miss ? [03 30 19:24:35] [Lobby] esology: folks [03 30 19:24:44] [Lobby] Stock_Doc: everytime the k% crosses that d% with 5,3 setting there's a green day [03 30 19:24:51] [Lobby] esology: please refrain from sending MP or Stoc_Doc direct PMs [03 30 19:25:05] [Lobby] Stock_Doc: it does not always indicate longer runs though [03 30 19:25:28] [Lobby] mp6140: a little TOO fast but good for entries [03 30 19:25:47] [Lobby] crow15: what the heck is k% and d% [03 30 19:25:55] [Lobby] mp6140: almost every indicator will show good entries if adjusted that way [03 30 19:26:03] [Lobby] esology: I went ahead an unmoderated [03 30 19:26:10] [Lobby] fb186: doc: what is the full settings number for Stoch? you keep saying 5,3... [03 30 19:26:12] [Lobby] Stock_Doc: the k% is the black line [03 30 19:26:18] [Lobby] esology: please allow MP or Stoc to answer questions before loading them up [03 30 19:26:23] [Lobby] Stock_Doc: red line is the d% [03 30 19:26:24] [Lobby] mp6140: the williams $k, the fast stoch, the RSI and the ADX [03 30 19:26:33] [Lobby] crow15: thnx [03 30 19:26:44] [Lobby] Stock_Doc: fb186: 5,3 is my own personal liking [03 30 19:26:47] [Lobby] cmonkey: Doesn't the position of the cross-over have a significant impact on the probability of a good run, for example a steep cross over below 20 on a full 5,3,3 seems to be a much stronger indicator than if it happens up near 50? [03 30 19:26:50] [Lobby] F1ynn: is the position important, above or below or beyond price? [03 30 19:26:53] [Lobby] Stock_Doc: the usual default setting is 14,3 [03 30 19:27:02] [Lobby] esology: as a reminder, Stock_Analyzer had to leave but said he will try and do a make-up [03 30 19:27:03] [Lobby] mp6140: YES cmonkey [03 30 19:27:32] [Lobby] Stock_Doc: the bigger the separation between the k and d% the bigger the run and likelihood of a longer run [03 30 19:27:36] [Lobby] Stock_Doc: as they cross that is [03 30 19:27:42] [Lobby] mp6140: the BEST moves come when the indicators move from their oversold positions and move up [03 30 19:28:12] [Lobby] mp6140: therefore from under the -20 [03 30 19:28:14] [Lobby] esology: and most of your tracking MP is done with QuoteTracker? [03 30 19:28:26] [Lobby] mp6140: most [03 30 19:29:02] [Lobby] esology: did all the ADOT questions get answered? [03 30 19:29:04] [Lobby] mp6140: quotetracker as now set up, can handle a multitude of tasks, from intraday to swing and long and short [03 30 19:29:05] [Lobby] Stock_Doc: quotetracker is a great tool, especially when it's updated (thanks mp :P) [03 30 19:29:34] [Lobby] mp6140: but would you peeps like to know how to do SAFE entries into stocks ? [03 30 19:29:39] [Lobby] Phonetic: Stock_Doc: Do you use stochRSI? [03 30 19:29:43] [Lobby] esology: sure MP [03 30 19:29:47] [Lobby] esology: I do [03 30 19:29:48] [Lobby] stoplossbug: yes mp [03 30 19:29:51] [Lobby] TARHEEL-BLUE: mp6140: yep [03 30 19:29:54] [Lobby] fibert: quotetracker is also fine for me [03 30 19:29:57] [Lobby] Uptrend: yes [03 30 19:29:58] [Lobby] Stock_Doc: not really, i try to keep it simple [03 30 19:30:02] [Lobby] Phonetic: Stock_Doc: ok [03 30 19:30:06] [Lobby] sq1: yes [03 30 19:30:25] [Lobby] gingtc: I would like the link to quotetracker, please [03 30 19:30:32] [Lobby] Phonetic: Stock_Doc: I dont know if you might of said it earlier I wasnt here, but what are your favorite indicators? [03 30 19:30:37] [Lobby] mp6140: ive posted it a few times, but the KEY to a moving stock is that when it opens it MUST pass its previous days close [03 30 19:30:41] [Lobby] esology: www.quotetracker.com [03 30 19:30:52] [Lobby] gingtc: TY [03 30 19:30:55] [Lobby] mp6140: for the really conservative swing players, it becomes a previous days high [03 30 19:31:12] [Lobby] esology: the link to the forum for setting up QT is http://www.stockhideout.com/mike-parkers-method/ [03 30 19:31:50] [Lobby] mp6140: normally i will use a 2 day chart, with the LRC and when a stock opens, see immediately if it is above yesterdays closing price and is it heading up or down [03 30 19:31:59] [Lobby] mp6140: heading up is good, naturally [03 30 19:32:05] [Lobby] stoplossbug: i really don't understand what a swing play is [03 30 19:32:16] [Lobby] flybowtie540: mp6140: what about mm headfakes? [03 30 19:32:17] [Lobby] Stock_Doc: a swing play is longer then a day play [03 30 19:32:25] [Lobby] mp6140: so if i am told, or believe that a stock will move today, i can immediately verify it at the open [03 30 19:32:36] [Lobby] esology: right. swing is normally 2-3 day for most [03 30 19:32:48] [Lobby] Uptrend: MP: What about the shake? [03 30 19:32:49] [Lobby] frebet: with so much redundancy in indicators are there a set few that would tell a beginner the info needed to start out [03 30 19:32:56] [Lobby] mp6140: now there are times that a stock will move down at the open (even though it is a strong stock) [03 30 19:33:08] [Lobby] roozers42: mp6140: are you talking about a gap, or a stock that instantly starts to move upward? [03 30 19:33:09] [Lobby] F1ynn: frebet: good question [03 30 19:33:26] [Lobby] esology: frebet, I have learned a lot over the past two weeks. the thing is one signal is not enough to go off of [03 30 19:33:46] [Lobby] Stock_Doc: frebet: the more signals that say it will go green the more likely it will go green [03 30 19:33:49] [Lobby] mp6140: and i wait till the first reversal at 9:50 to see if it will reverse, and buy the stock if it starts up again [03 30 19:33:59] [Lobby] LTS: What is LRC ? [03 30 19:34:00] [Lobby] esology: so even though they look redundant, it gives confirmation when you see more then one tipping you off [03 30 19:34:17] [Lobby] Stock_Doc: when i used to study stocks back in the day, i would look at at least 10 indicators [03 30 19:34:20] [Lobby] mp6140: other times, one has to wait until 10:30, and then you see the stock reverse from its downside [03 30 19:34:50] [Lobby] rickster52fl: mp6140: in that case, would the stock have to rise above previous day high or close? [03 30 19:34:58] [Lobby] Stock_Doc: each indicators judges something slightly different so even though they're redundant it might pick up a small thing another indicators hasn't [03 30 19:35:01] [Lobby] stoplossbug: so mp you say you never buy until the stock is really showing it's true colors [03 30 19:35:06] [Lobby] mp6140: LRC = linear regression channel, which shows present support and resistnce for a stock [03 30 19:35:10] [Lobby] Pudzilla: Stock_Doc: I have heard that it is best to avoid trading the first 45 min after the market opens? is that true? [03 30 19:35:21] [Lobby] Uptrend: MP: reverse from its downside? [03 30 19:35:27] [Lobby] mp6140: yes stop, i want confirmation, and then i buy [03 30 19:35:33] [Lobby] joelegs: Damn! finally. sorry I'm late [03 30 19:35:38] [Lobby] mp6140: reverse direction from going down [03 30 19:35:50] [Lobby] Uptrend: Got it! [03 30 19:35:52] [Lobby] Stock_Doc: Pudzilla: well there's a lot of confusion when the opening bell starts, people are pushing buy orders or people are selling from the prior day [03 30 19:35:56] [Lobby] esology: your good joe, posting the log a little later [03 30 19:36:03] [Lobby] stoplossbug: that has been my problem-no patience [03 30 19:36:07] [Lobby] mp6140: ANOTHER VERY important thing on any intraday chart is -- IS THE STOCK ABOVE ITS 20DMA ??? [03 30 19:36:12] [Lobby] Stock_Doc: it can be very hectic during this time and hard to judge what is going to happen [03 30 19:36:12] [Lobby] joelegs: esology: Great. [03 30 19:36:13] [Lobby] gingtc: I have noticed that stoks are apt to flat line near noon til about 2?,s that common? [03 30 19:36:27] [Lobby] mp6140: THAT alone, may be the one most important thing to look for [03 30 19:36:45] [Lobby] LTS: Don't see LRC in Quotetracker or is Regression Channel what you mean as a top indicator? [03 30 19:36:52] [Lobby] mp6140: gingtc --- actually, that is one of the best times to watch a stock [03 30 19:36:55] [Lobby] Stock_Doc: a reversal tends to happen around 20/25 minutes after the bell, this is because the mm's have been on the other side of the stock to keep order and need to cover themselves so they can profit too [03 30 19:36:59] [Lobby] fb186: MP: above 200mda ion a daily chart or just intra day [03 30 19:37:06] [Lobby] gingtc: Thanks mp [03 30 19:37:14] [Lobby] Stock_Doc: after that things will become a little more stable [03 30 19:37:20] [Lobby] mp6140: 20 day moving average on intraday and daily [03 30 19:37:35] [Lobby] mp6140: hold and let me answer gingtc [03 30 19:37:50] [Lobby] mp6140: during the lunch hour, after a stock has done a sell at noon [03 30 19:38:13] [Lobby] mp6140: it will move slowly UP (if its going to move up) [03 30 19:38:29] [Lobby] mp6140: and one BUYS the stock when it crosses over its 20 dma [03 30 19:38:34] [Lobby] mp6140: on the intraday chart [03 30 19:38:56] [Lobby] akagolfie: valuable lessons, mp [03 30 19:39:02] [Lobby] Uptrend: Why is the 20DMA kinda important? [03 30 19:39:05] [Lobby] crow15: any chart examples mp? [03 30 19:39:05] [Lobby] Stock_Doc: lemme see if i can find my paper that has all the reversal times [03 30 19:39:08] [Lobby] mp6140: by holding till 2:30 you get great gains, if you missed the original run [03 30 19:39:26] [Lobby] mp6140: and if its the first day of movement with the stock,. you hold right into tomorrow [03 30 19:39:32] [Lobby] akagolfie: eastern, 2:30 eastern [03 30 19:39:54] [Lobby] mp6140: the 20 dma must have graduated highest in class, cause everyone pays attention to it [03 30 19:40:00] [Lobby] corkyalan: How can I decide what size buy to make? Compare with volume? [03 30 19:40:04] [Lobby] Pudzilla: mp6140: and you hold no more than 3 days? [03 30 19:40:11] [Lobby] gingtc: TY so much MP. very helpful [03 30 19:40:17] [Lobby] mp6140: the mms are looking at it, the traders are looking at it, my grandmother is looking at it [03 30 19:40:24] [Lobby] Stock_Doc: ok here's most likely time ranges during a day to keep track of (courtesy of toni turner) [03 30 19:40:26] [Lobby] FredGarvin: mp..."after a stock has done a sell at noon". elaborate please. [03 30 19:40:34] [Lobby] gingtc: LOL [03 30 19:40:42] [Lobby] Uptrend: I'll look at it too, Thx [03 30 19:40:48] [Lobby] Stock_Doc: 9:30- market opens [03 30 19:40:50] [Lobby] mp6140: stock docs doing that now [03 30 19:41:04] [Lobby] Stock_Doc: 9:50-10:10- first reversal period [03 30 19:41:16] [Lobby] Stock_Doc: 10:25- slightly milder reversal [03 30 19:41:35] [Lobby] Stock_Doc: 11:20- beginning of lunchtime moody blues [03 30 19:42:06] [Lobby] Stock_Doc: 1:30- lunchitime blues cheer up and clear, stocks start making their moves [03 30 19:42:37] [Lobby] Stock_Doc: 2:30- stocks break out (or down) more clearly [03 30 19:42:40] [Lobby] F1ynn: i have three choices in my account for MA, lt it st - which should i pick for 20 day? [03 30 19:43:02] [Lobby] Stock_Doc: 3:00 - treasury bonds stop trading, possible reversal since more attention available [03 30 19:43:14] [Lobby] Stock_Doc: whoops that's 3 pm [03 30 19:43:27] [Lobby] Stock_Doc: 3:30- possible mild reversal [03 30 19:43:41] [Lobby] gingtc: hummm [03 30 19:43:43] [Lobby] Stock_Doc: 4- ding ding ding market closes [03 30 19:44:04] [Lobby] F1ynn: Stock_Doc: quite the schedule, you have it down [03 30 19:44:05] [Lobby] Stock_Doc: it's good to have those times around to make you aware until you memorize it [03 30 19:44:11] [Lobby] Uptrend: Stock: 3:50 mm drop for the gap? [03 30 19:44:12] [Lobby] fb186: nix the 2:30 time doc???? [03 30 19:44:21] [Lobby] Stock_Doc: ? [03 30 19:44:35] [Lobby] roozers42: If my chart indicators are telling me a possible run is in order, waiting until that first confirmation after a reversal is a safe way to buy? [03 30 19:44:56] [Lobby] roozers42: or fairly safe... [03 30 19:44:58] [Lobby] Stock_Doc: Uptrend: perhaps, it jsut depends on the strength the stop carries [03 30 19:44:59] [Lobby] mp6140: ANOTHER version of the same thing is posted right here at http://www.stockhideout.com/general-...-schedule.html [03 30 19:45:03] [Lobby] Uptrend: MMs drop the price so they can buy for the cover in the AM [03 30 19:45:20] [Lobby] Stock_Doc: when i do trade i have the times written down and stickied to the side of my computer [03 30 19:45:41] [Lobby] rinku: so it is not good to buy stock when market first open in the morning [03 30 19:45:44] [Lobby] fb186: DOC: Stocks break out or down more clearly at 2:30 or 3 [03 30 19:45:44] [Lobby] gingtc: excellent idea Doc [03 30 19:45:48] [Lobby] mp6140: now, to show what i meant by describing the 20 ma, does anyone want to look at a stock i helped trade today ? [03 30 19:45:49] [Lobby] roozers42: Stock_Doc: do you find you have a trend of times you usually buy at? [03 30 19:45:50] [Lobby] Stock_Doc: usually on the right side, the left side is usually a brief reminder of my own personal rules [03 30 19:45:57] [Lobby] stoplossbug: yes [03 30 19:46:01] [Lobby] F1ynn: mp6140: yes i do [03 30 19:46:07] [Lobby] frebet: sure [03 30 19:46:12] [Lobby] Uptrend: Yes [03 30 19:46:17] [Lobby] gingtc: Yes MP [03 30 19:46:20] [Lobby] Stock_Doc: i like around 10 ish if i buy because things will cool down [03 30 19:46:21] [Lobby] fb186: me too [03 30 19:46:25] [Lobby] mp6140: whatever charts you are using, look up TSCM [03 30 19:46:25] [Lobby] Pudzilla: mp6140: same here [03 30 19:46:31] [Lobby] Stock_Doc: and if they don't and the momo is there it's likely to go to lunchtime [03 30 19:46:32] [Lobby] mp6140: on a 3 month chart [03 30 19:46:38] [Lobby] joelegs: mp6140: Scirtainly [03 30 19:46:56] [Lobby] cmonkey: http://stockcharts.com/h-sc/ui?s=TSC...d=p59958917892 [03 30 19:47:06] [Lobby] vdhyani: mp6140: definitely [03 30 19:47:08] [Lobby] mp6140: it was found by another person in this chat, and i tried to help trade it [03 30 19:47:08] [Lobby] cmonkey: sorry, 4 mos. [03 30 19:47:18] [Lobby] gmarc66: hi all [03 30 19:47:28] [Lobby] Stock_Doc: did you get that roozers? [03 30 19:47:29] [Lobby] mp6140: without looking at indicators, just look at the chart [03 30 19:47:31] [Lobby] joelegs: gmarc66: HI [03 30 19:47:41] [Lobby] mp6140: thats what i call a pretty chart [03 30 19:47:48] [Lobby] mp6140: everyone got it ? [03 30 19:47:49] [Lobby] gmarc66: joelegs:  [03 30 19:47:56] [Lobby] rickster52fl: yes wow |
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Thu, 03-30-2006, 07:50 PM
| #2 (permalink) |
| Super Member Join Date: Mar 2005 Location: U.S.A
Posts: 675
| [03 30 19:48:01] [Lobby] cmonkey: because of the consistency between the channel top and bottom? [03 30 19:48:01] [Lobby] traderjay: yes [03 30 19:48:03] [Lobby] mmarler013363: yes [03 30 19:48:06] [Lobby] Pudzilla: huge engulfing pattern [03 30 19:48:10] [Lobby] stoplossbug: yes [03 30 19:48:16] [Lobby] fibert: yes [03 30 19:48:17] [Lobby] OneStockMind: I have a few pretty charts if you want some.. [03 30 19:48:30] [Lobby] mp6140: i love pretty charts onestock [03 30 19:49:00] [Lobby] mp6140: now, with your indicators in place, you can see how they react to upside and downside moves [03 30 19:49:14] [Lobby] smiling: will this session be in hideout later..cuz i missed so much [03 30 19:49:14] [Lobby] cmonkey: mp6140: why do you call it a pretty chart? [03 30 19:49:15] [Lobby] gmarc66: cmonkey: what does that mean 'the consistency of the channel top and bottom" [03 30 19:49:24] [Lobby] esology: yes smiling [03 30 19:49:24] [Lobby] mp6140: but lets go to a 15 minute one day chart [03 30 19:49:25] [Lobby] gmarc66: what r u looking at...the bollinger bands? [03 30 19:49:26] [Lobby] rickster52fl: mp6140: do you look at volume on reversals like this one? i notice the vol was pretty low [03 30 19:49:29] [Lobby] frebet: mp to get over the 20dma you now have to get through the 50 also [03 30 19:49:38] [Lobby] smiling: between kid yelling and the john [03 30 19:49:53] [Lobby] daytrader840: tuesday,,BIDU,at close,,now thats a chart in my book! [03 30 19:50:15] [Lobby] OneStockMind: How's this: http://stockcharts.com/h-sc/ui?s=GBN...d=p31132764156 [03 30 19:50:43] [Lobby] Stock_Doc: oh i like the volume on gbn [03 30 19:50:53] [Lobby] mp6140: now do we have a one or two day, 15 minute chart of TSCM open ? [03 30 19:51:04] [Lobby] away: yup [03 30 19:51:07] [Lobby] roozers42: mp6140: i'm on stockcharts...how do I change the time-frame? [03 30 19:51:13] [Lobby] mmarler013363: yes [03 30 19:51:27] [Lobby] frebet: got it [03 30 19:51:33] [Lobby] fb186: NO [03 30 19:51:43] [Lobby] Jerm: Can someone make a link for 15 min chart? [03 30 19:51:46] [Lobby] gingtc: I have one day but do not know about the 15 minute? [03 30 19:51:47] [Lobby] Stock_Doc: look where it says years, months, roozer [03 30 19:51:50] [Lobby] OneStockMind: Stock_Doc: Like it, ha? How about this: http://stockcharts.com/h-sc/ui?s=SVV...d=p31132764156 [03 30 19:51:52] [Lobby] akagolfie: i got it mp [03 30 19:51:56] [Lobby] mp6140: im using the new version roozer and its "attributes" [03 30 19:52:06] [Lobby] [ Gone: SecretSquirrel ] [03 30 19:52:11] [Lobby] roozers42: i'm not sure i have that [03 30 19:52:22] [Lobby] roozers42: i'm just using the general one [03 30 19:52:26] [Lobby] away: http://stockcharts.com/c-sc/sc?s=TSC...05806&r=46 38 [03 30 19:52:46] [Lobby] mysman: how do i set the default so my chart is centered. sometimes i have a huge space at the bottom [03 30 19:53:04] [Lobby] mp6140: well, cant do that now [03 30 19:53:17] [Lobby] mp6140: does everyone have a 20dma on their chart [03 30 19:53:20] [Lobby] Stock_Doc: OneStockMind: heavy resistance at 1.40 though [03 30 19:53:26] [Lobby] mysman: yes [03 30 19:53:34] [Lobby] frebet: got it [03 30 19:53:35] [Lobby] LTS: yes [03 30 19:53:35] [Lobby] TARHEEL-BLUE: mp6140: yep [03 30 19:53:48] [Lobby] roozers42: yes [03 30 19:53:53] [Lobby] akagolfie: yep [03 30 19:53:54] [Lobby] fb186: still trying to do time change [03 30 19:53:54] [Lobby] gingtc: Yes [03 30 19:53:56] [Lobby] fb186: not [03 30 19:53:58] [Lobby] stoplossbug: yes [03 30 19:53:59] [Lobby] mp6140: now notice when the stock was "good" and when it was bad [03 30 19:54:00] [Lobby] gmarc66: yes [03 30 19:54:09] [Lobby] F1ynn: no chart for me, can someone post a link please [03 30 19:54:21] [Lobby] akagolfie: yep [03 30 19:54:24] [Lobby] away: http://stockcharts.com/c-sc/sc?s=TSC...05806&r=46 38 [03 30 19:54:26] [Lobby] rinku: no chart for me either [03 30 19:54:33] [Lobby] cmonkey: just for clarification the dma is displaced simple moving average? [03 30 19:54:35] [Lobby] mp6140: it actually cleared its 20ma at about 2pm, and moved up from there [03 30 19:54:39] [Lobby] TARHEEL-BLUE: mp6140: when the stock price crossed the 20 [03 30 19:54:39] [Lobby] F1ynn: away: your link is not working [03 30 19:54:43] [Lobby] mp6140: dma is daily moving average [03 30 19:54:46] [Lobby] akagolfie: k, mp, how do you know it isnt going bad from here? [03 30 19:54:46] [Lobby] rinku: not workine [03 30 19:54:53] [Lobby] cmonkey: ok, I think of dma and ma as two different things... [03 30 19:55:01] [Lobby] akagolfie: Look at march 21 [03 30 19:55:04] [Lobby] away: sorry works for me [03 30 19:55:06] [Lobby] akagolfie: looked oh so good [03 30 19:55:06] [Lobby] mp6140: now there is another moving average that i have used for years, and its rarely mentioned ---- the 36 [03 30 19:55:13] [Lobby] akagolfie: then ugly afterward [03 30 19:55:16] [Lobby] Stock_Doc: oh the 36 [03 30 19:55:25] [Lobby] rinku: nope [03 30 19:55:25] [Lobby] gmarc66: cant get a 1 day or 15min chart on stockcharts [03 30 19:55:37] [Lobby] Stock_Doc: brb [03 30 19:55:39] [Lobby] Mary_Smoth: demand too great? [03 30 19:55:50] [Lobby] frebet: 20 about to cross 36 [03 30 19:55:51] [Lobby] mp6140: i find the 36 to be a very STRONG moving average on short term charts for support and resistance [03 30 19:56:08] [Lobby] akagolfie: what do you mean 36 [03 30 19:56:15] [Lobby] Mary_Smoth: day minute hour? [03 30 19:56:16] [Lobby] cmonkey: gmarc66 you can get an ok free chart using http://www.prophet.net/analyze/javacharts.jsp [03 30 19:56:24] [Lobby] mp6140: same as 20, but 16 more days [03 30 19:56:30] [Lobby] cmonkey: intraday chart that is... [03 30 19:56:30] [Lobby] Mary_Smoth: lol [03 30 19:56:45] [Lobby] TARHEEL-BLUE: mp6140: you prefer the 36 over the 50 or in combination with the 50 [03 30 19:56:52] [Lobby] Pudzilla: mp6140: do u use it with the 20 ma or in place of it? [03 30 19:56:55] [Lobby] akagolfie: wow, this is like work! [03 30 19:57:05] [Lobby] akagolfie: now, something wrong with this picture! [03 30 19:57:09] [Lobby] F1ynn: cmonkey: thanks for that link [03 30 19:57:20] [Lobby] gmarc66: cmonkey: thanks! [03 30 19:57:24] [Lobby] mp6140: so looking at TSCM as a day trade only, the stock broke above its yesterdays close and broke above its 20ma, giving a BUY signal [03 30 19:57:42] [Lobby] fb186: MP: do you use 36ma w/20 or instead [03 30 19:57:46] [Lobby] mysman: ok so the 20 simple day moving average is not the same as the 20 dma? [03 30 19:58:06] [Lobby] mp6140: my "d" is for daily, not displaced [03 30 19:58:15] [Lobby] frebet: MP about 11:30 closed above 36 why not buy there [03 30 19:58:26] [Lobby] mp6140: i use the 20 and the 36 for swing trades [03 30 19:58:43] [Lobby] [ Entered: pqau928 ] [03 30 19:58:43] [Lobby] cmonkey: sorry, one more clarification on the moving chart, are you using a 20 and 36 daily, or period ma? [03 30 19:58:52] [Lobby] cmonkey: err moving average. [03 30 19:59:11] [Lobby] frebet: never mind waiting to cross 20 [03 30 19:59:19] [Lobby] mp6140: now the stock moved out of the gate and went up , forming a doji red candle around 10 oclock or so, signaling a SELL [03 30 19:59:40] [Lobby] frebet: got it [03 30 19:59:46] [Lobby] mp6140: 10:15, actually [03 30 20:00:13] [Lobby] [ Gone: dr_frank ] [03 30 20:00:38] [Lobby] mp6140: if one had been holding this stock from yesterday, then when the stock crossed down over the 20ma would have been a definite SELL signal [03 30 20:00:58] [Lobby] mp6140: for very short term charts, i use the 5ma [03 30 20:01:02] [Lobby] Jerm: So, on you would have bought your daytrade at 12:45? [03 30 20:01:33] [Lobby] mp6140: as a speculative, and bouncing off the 36, YES [03 30 20:01:59] [Lobby] gmarc66: mp6140: but, isnt that perhaps just a temporary pullback and will resume going up again as they often do thru out the day? [03 30 20:02:27] [Lobby] gmarc66: so as soon as it dips below the 20ma, u shoujld sell? [03 30 20:02:34] [Lobby] Pudzilla: mp6140: also mp,,, notice that the RSI crossed above the 50 line about that time.. [03 30 20:03:03] [Lobby] Stock_Doc: ok back [03 30 20:03:30] [Lobby] mp6140: ah gmarc --- as this stock showed, it did exactly that [03 30 20:03:34] [Lobby] traderjay: stochs came up thru the 20 at that time = buy [03 30 20:03:59] [Lobby] mp6140: i simply dont have the time to go into how each one of the indicators can show you whats happening [03 30 20:04:01] [Lobby] Jerm: Still confused on how you use the accum/dist indicator? [03 30 20:04:03] [Lobby] gmarc66: mp6140: did it..i cant see that....i dont have daily chart access with indicators or ma's [03 30 20:04:03] [Lobby] fb186: what is the ticker we are looking at? [03 30 20:04:14] [Lobby] Stock_Doc: ok where are we at? [03 30 20:04:25] [Lobby] mp6140: BUT if you use the MACD, you will immediately see the positive or negative nature of the stock [03 30 20:04:26] [Lobby] gingtc: I am sorry for my ignorance but where to I see the INtraday. selection choice.? [03 30 20:04:26] [Lobby] gmarc66: fb186: TSCM [03 30 20:04:33] [Lobby] mp6140: and its overall trend for the day [03 30 20:04:56] [Lobby] pattypatty: in aruba stock doc [03 30 20:05:26] [Lobby] mp6140: the longer term MACD that i spoke about will show you the stock overall trend, [03 30 20:05:30] [Lobby] Stock_Doc: i'll be there soon enough :P [03 30 20:05:32] [Lobby] [ Gone: blueflame ] [03 30 20:05:38] [Lobby] Stock_Doc: me and my friends are going on a carribean cruise [03 30 20:05:44] [Lobby] mp6140: while the shorter term will show you what the stock is doing WITHIN that trend [03 30 20:05:48] [Lobby] pattypatty: aw doc me too?? [03 30 20:05:55] [Lobby] Stock_Doc: hehe [03 30 20:05:58] [Lobby] pattypatty: cool doc [03 30 20:06:16] [Lobby] mp6140: those two, with the momentum indicator and the ma20, are essentially all thats needed to trade a stock intraday, imo [03 30 20:06:20] [Lobby] Stock_Doc: yea first one pretty excited, talk more about it later don't wanna divertoo much attention [03 30 20:06:26] [Lobby] cmonkey: mp6140: Do you ever use multiple period charts concurrently to help confirm a move and avoid whipsaws? [03 30 20:06:32] [Lobby] pattypatty: k doc [03 30 20:06:37] [Lobby] mp6140: definitely [03 30 20:06:52] [Lobby] Pudzilla: mp6140: So,...the MACD we are looking at on this chart is a longer trend and is not responding as quickly as other indicators? [03 30 20:06:58] [Lobby] mp6140: i always have at least two intraday charts up [03 30 20:07:00] [Lobby] Stock_Doc: cmonkey: again it all goes back to, the more arrows that point up, the more likely it will go up [03 30 20:07:06] [Lobby] cmonkey: 15 minute, and ? [03 30 20:07:07] [Lobby] F1ynn: i am looking at prophet javacharts, is this real time? [03 30 20:07:16] [Lobby] cmonkey: no F1ynn [03 30 20:07:23] [Lobby] F1ynn: cmonkey: ok thanks [03 30 20:07:26] [Lobby] stoplossbug: all-you have been so helpful-going to read the rest tomorrow-these old eyes are getting tired-later all--this is such awesome stuff-you guys are the greatest [03 30 20:07:36] [Lobby] OneStockMind: Man, since I started daytrading I realized how much less work position trading is... [03 30 20:07:43] [Lobby] F1ynn: stoplossbug: see you in the morning [03 30 20:07:47] [Lobby] Uptrend: What period intraday charts you using now MP? [03 30 20:07:51] [Lobby] stoplossbug: ok [03 30 20:07:59] [Lobby] mp6140: yeah --- funny part of indicators --- usually up is good and down is not [03 30 20:08:04] [Lobby] pattypatty: night stop rest well [03 30 20:08:05] [Lobby] mp6140: unless youre shorting [03 30 20:08:33] [Lobby] crow15: does this work with pennys? [03 30 20:08:37] [Lobby] Mary_Smoth: have to take off. sorry to be late and leave early. see you tomorow. [03 30 20:08:38] [Lobby] mp6140: i use one variable 3,10,15 min chart and another [03 30 20:08:56] [Lobby] frebet: MP about 2;30 opened below 20 what keep you in [03 30 20:08:56] [Lobby] akagolfie: mp6140: another? [03 30 20:08:57] [Lobby] pattypatty: niht Mary [03 30 20:08:58] [Lobby] Silverado: Will a chat log be available for this class, I missed most of it? Darn [03 30 20:09:02] [Lobby] akagolfie: what is that a secret? [03 30 20:09:04] [Lobby] Stock_Doc: g'night mary [03 30 20:09:29] [Lobby] corkyalan: How do you determine the share count on a buy? Relative to volume in play for the day? [03 30 20:09:37] [Lobby] mp6140: we exited about 10, waited for the dip, and got busy with USXP and missed the new run [03 30 20:09:53] [Lobby] mp6140: it was a sad day ! [03 30 20:09:56] [Lobby] mp6140: LOL [03 30 20:10:46] [Lobby] TheSpeculator: mp, can you explain odd-lots and the theory that if they add to 13 they *could* mean reversals [03 30 20:10:56] [Lobby] mp6140: BUT frebet, mikeys method, used the momentum indicator, and that is what holds you into a trade when its dips are big [03 30 20:11:20] [Lobby] mp6140: no speculator, i havent a clue to be honest [03 30 20:11:24] [Lobby] Uptrend: MP: How strong are the Time Series indicators? [03 30 20:11:34] [Lobby] mp6140: VERY VERY STRONG [03 30 20:11:44] [Lobby] frebet: mp Thanks [03 30 20:11:54] [Lobby] LTS: MP I don't see LRC in quotetracker is that the same as Regression Channel [03 30 20:12:01] [Lobby] mp6140: the ts 40 or 50 is also an extremely strong resistance point [03 30 20:12:13] [Lobby] Uptrend: I notice you talk seriouslu about them. [03 30 20:12:13] [Lobby] mp6140: regression channel -- yes [03 30 20:12:25] [Lobby] LTS: thanks [03 30 20:12:34] [Lobby] TheSpeculator: mp, what do you know about the value that daytraders can extract from trade lot observation [03 30 20:12:35] [Lobby] mp6140: there are a few people here today that use them --- [03 30 20:12:58] [Lobby] Uptrend: You say 5 and 9 are ok for short term [03 30 20:13:03] [Lobby] Stock_Doc: regression channels are wonderful [03 30 20:13:21] [Lobby] away: mp6140: u also use Fibs as an indicator correct [03 30 20:13:33] [Lobby] mp6140: the LRC is like the bollingers, but the bollingers move all around, while the LRC is solid as a rock [03 30 20:13:38] [Lobby] mp6140: "usually" [03 30 20:13:55] [Lobby] Stock_Doc: fib fans and fib retracement are good helpers in determining support and resistance [03 30 20:14:05] [Lobby] mp6140: i use fibs when looking for a stock to retrace, as it gives me an idea of where that may happen [03 30 20:14:08] [Lobby] crow15: where is the LRC found on BigCharts [03 30 20:14:13] [Lobby] akagolfie: mp6140: could you please use an absolute? usually means nothing [03 30 20:14:21] [Lobby] mp6140: i was not a fan of fibs for years --- i wouldnt be without them now [03 30 20:14:21] [Lobby] akagolfie: as she rolls her eyes [03 30 20:14:28] [Lobby] away: but are they only availiable on intraday charting [03 30 20:14:54] [Lobby] mp6140: "usually" is used, aka, as in always, except when it doesnt ! [03 30 20:14:55] [Lobby] TheSpeculator: can anybody share anything on how they use trade lots...preferably for filtering stocks? [03 30 20:15:02] [Lobby] F1ynn: what is a fib? other than a lie [03 30 20:15:03] [Lobby] Uptrend: DDmachine draws fibs for you, are they valid, you think, [03 30 20:15:20] [Lobby] away: F1ynn: fibonacci # [03 30 20:15:21] [Lobby] mp6140: yes uptrend, i have found them to be+ [03 30 20:15:38] [Lobby] Uptrend: Makes it easy, huh? [03 30 20:15:46] [Lobby] F1ynn: away: thank you [03 30 20:15:47] [Lobby] mp6140: what are trade lots speculator ? [03 30 20:15:51] [Lobby] Stock_Doc: F1ynn: hehe [03 30 20:15:52] [Lobby] pattypatty: absolute is Vodka golf [03 30 20:15:59] [Lobby] traderjay: Price channel is the same as LRC on Big charts, right? [03 30 20:16:01] [Lobby] F1ynn: Stock_Doc: [03 30 20:16:02] [Lobby] TheSpeculator: block trades i mean, mp [03 30 20:16:11] [Lobby] mp6140: NO traderjay [03 30 20:16:12] [Lobby] Pudzilla: ...so is svedka... [03 30 20:16:19] [Lobby] LTS: MP On daily chart what settings you use for LRC [03 30 20:16:24] [Lobby] mp6140: big charts may not have the LRC [03 30 20:16:26] [Lobby] SoundWav: i know ddmachine has fib calc. but didnt know that they drew them . where at? [03 30 20:16:36] [Lobby] Stock_Doc: don't forget pivot points [03 30 20:16:43] [Lobby] akagolfie: pattypatty: oh, what is wrong with me? I forgot [03 30 20:16:58] [Lobby] Uptrend: Sound top right of the quote page [03 30 20:17:07] [Lobby] mp6140: i use the number of trading days in the time period im studying -- so for a 3 month chart that is 62 days [03 30 20:17:07] [Lobby] Stock_Doc: pivot points are great for figuring out intraday support and resistance [03 30 20:17:09] [Lobby] TheSpeculator: i am trying to create a filtering system that includes order size but don't know how to go about it [03 30 20:17:21] [Lobby] SoundWav: cool i will try now thanks [03 30 20:17:36] [Lobby] akagolfie: TheSpeculator: doesnt the order size depend on how much money you can spend? [03 30 20:17:48] [Lobby] TheSpeculator: no i mean the orders coming through [03 30 20:17:50] [Lobby] cmonkey: mp6140: Do you use candlestick techniques for short term trades? [03 30 20:17:52] [Lobby] mp6140: dd machine supplies the pivot points, resistance points and the fibs --- really nice of them [03 30 20:18:03] [Lobby] TheSpeculator: like L2 or time and sales, aka [03 30 20:18:05] [Lobby] mp6140: yes, always candlestix [03 30 20:18:27] [Lobby] F1ynn: ok another question, what is dd machine? a service? [03 30 20:18:28] [Lobby] mp6140: specuolator --- think its a subject for another time or private [03 30 20:18:37] [Lobby] mp6140: www.ddmachine.com [03 30 20:18:45] [Lobby] F1ynn: mp6140: ok, thanks again [03 30 20:18:59] [Lobby] F1ynn: thanks to everyone being gentle with my lack of charts, much appreciated [03 30 20:19:00] [Lobby] akagolfie: TheSpeculator: wait a minute. [03 30 20:19:02] [Lobby] mp6140: research site [03 30 20:19:04] [Lobby] akagolfie: I'm confused [03 30 20:19:17] [Lobby] TheSpeculator: ddmachine is susceptible to fake mm hod prints...if you use for fibs calculations, make sure you enter the real hod [03 30 20:19:23] [Lobby] mp6140: awful lot to try to cover [03 30 20:19:29] [Lobby] akagolfie: the time sales orders are from billions of people everywhere, and you want to know what? [03 30 20:19:41] [Lobby] TheSpeculator: yes [03 30 20:19:51] [Lobby] akagolfie: TheSpeculator: try to predict what I order!!! [03 30 20:19:59] [Lobby] TheSpeculator: not really lol [03 30 20:19:59] [Lobby] akagolfie: you cant, nor can anyone [03 30 20:19:59] [Lobby] mp6140: whew --- easier to do a one on one [03 30 20:20:04] [Lobby] TheSpeculator: helps to see what mms are doing [03 30 20:20:12] [Lobby] akagolfie: yeah yeah [03 30 20:20:16] [Lobby] Pudzilla: akagolfie: i can...a vodka martini...r [03 30 20:20:22] [Lobby] away: mp6140: get slink out [03 30 20:20:25] [Lobby] Jerm: Much much thanks for the effort MP!!!!! [03 30 20:20:34] [Lobby] akagolfie: I'll give it to ya, speculater... they are trying to make money on YOU [03 30 20:20:39] [Lobby] mp6140: ok, any questions i can answer ? [03 30 20:20:52] [Lobby] mp6140: which leaves only one or two possible [03 30 20:20:54] [Lobby] gingtc: Yes MP thank you so much for sharing your knowledge. [03 30 20:20:58] [Lobby] akagolfie: Pudzilla: wrong [03 30 20:21:05] [Lobby] Uptrend: Thanks MP and Stock and Eso. Wonderful job. [03 30 20:21:08] [Lobby] cmonkey: mp6140: What are some of the techniques you use to try and time reversals on muddies? Do you wait for confirmation with them, or try and actually time the bottom? [03 30 20:21:25] [Lobby] vdhyani: mp6140: is this chat log available somewhere? [03 30 20:21:26] [Lobby] gmarc66: whats a muddie? [03 30 20:21:27] [Lobby] Stock_Doc: Uptrend: a pleasure [03 30 20:21:33] [Lobby] mp6140: ah cmonkey --- why do you think i invented mikeys method ? [03 30 20:21:35] [Lobby] gingtc: and yes Stock and Eso ty! [03 30 20:21:36] [Lobby] TheSpeculator: aka...if order lots are bigger, generally some real essence behind stock move, if smaller orders...could be mm-induced manipulation [03 30 20:21:42] [Lobby] gmarc66: vdhyani: u can save it and paste it on a word doc. [03 30 20:21:45] [Lobby] SoundWav: at the beginning which stoch was changed to different setting and what were the settings [03 30 20:21:47] [Lobby] corkyalan: mp yes. When making a buy, how do you determine the share count of the buy? Do you select it in some way relative to the day's volume? [03 30 20:21:48] [Lobby] cmonkey: gotcha, need to read the doc. Thanks very much for your time. [03 30 20:21:49] [Lobby] F1ynn: vdhyani: it will be posted [03 30 20:21:50] [Lobby] akagolfie: gmarc66: it's a new can of worms [03 30 20:21:54] [Lobby] Stock_Doc: unfortunately, i have a hideous schedule so i cannot trade often but when i am online you can always ask me a question [03 30 20:22:06] [Lobby] vdhyani: F1ynn: cool [03 30 20:22:08] [Lobby] fibert: Thanks for akk - very usefull and a pleasure to enjoy this session [03 30 20:22:15] [Lobby] gingtc: TY Stock [03 30 20:22:27] [Lobby] Stock_Doc: [03 30 20:22:37] [Lobby] mp6140: corkyalan --- i use a set amount of dollars and my quotetracker figures the share amount [03 30 20:22:44] [Lobby] mich: super session guys... thanks [03 30 20:22:48] [Lobby] Bronz1322: hideout never sleep ? [03 30 20:22:49] [Lobby] traderjay: Thanks....great session [03 30 20:23:03] [Lobby] frebet: Thank You All have a good evening [03 30 20:23:07] [Lobby] mp6140: of course, i tendto look for stocks that have heavy trading so as not to make a splash when i buy or sell [03 30 20:23:10] [Lobby] mmarler013363: Thank You MP, Stock Doc and aka, you guys are the best! [03 30 20:23:16] [Lobby] away: Yeah thanx for being so patient with us [03 30 20:23:19] [Lobby] mp6140: but normally, thats the way i buy [03 30 20:23:27] [Lobby] akagolfie: mmarler013363: nite [03 30 20:23:45] [Lobby] LTS: Thanks for all the help [03 30 20:23:50] [Lobby] Bronz1322: i thought there was a basketball game going on [03 30 20:23:54] [Lobby] akagolfie: Uptrend: what mild pumping? [03 30 20:24:17] [Lobby] Bronz1322: why does the number 1322 appear after my name ? [03 30 20:24:18] [Lobby] A5dav: On a 1 day chart with 13 min interval. Does the 20 SMA show me the 20 DAY SMA or is it 20 13 min. interval SMA? [03 30 20:24:19] [Lobby] Uptrend: On the SHO site [03 30 20:24:32] [Lobby] akagolfie: there is mild pumping on the sho site/ [03 30 20:24:38] [Lobby] gingtc: Pumping is natural I think... that is why we need to do our own DD [03 30 20:24:39] [Lobby] Bronz1322: akagolfie: lol [03 30 20:24:40] [Lobby] akagolfie: I thought that was mild dumping [03 30 20:24:51] [Lobby] F1ynn: Bronz1322: it's your iq, your brilliant [03 30 20:24:54] [Lobby] Uptrend: When MP had to censor that person [03 30 20:24:59] [Lobby] Stock_Doc: gingtc: very true, especially with penny stocks [03 30 20:25:21] [Lobby] Bronz1322: F1ynn: lol its my IQ but its out of 1000000000 [03 30 20:25:25] [Lobby] akagolfie: Uptrend: I wouldnt worry, unless it is you he is censoring [03 30 20:25:28] [Lobby] gingtc: Penny stocks is what I am into... I only have pennies LOL [03 30 20:25:44] [Lobby] Silverado: mp: what do u use for stock scans? [03 30 20:25:54] [Lobby] Uptrend: Not me aka. I follow the rules. that makes a good site. [03 30 20:25:59] [Lobby] Stock_Doc: gingtc: they do have a rather addictive quality don't they [03 30 20:26:30] [Lobby] gingtc: Indeed they do and so far I have made money and not lost. :-) [03 30 20:26:52] [Lobby] Bronz1322: yeah I have penny hangover in the night [03 30 20:27:04] [Lobby] Uptrend: Gonna read the log from here. Nothin but love for yall! [03 30 20:27:04] [Lobby] mich: lol [03 30 20:27:07] [Lobby] akagolfie: Uptrend: i am confused [03 30 20:27:22] [Lobby] Uptrend: About what? [03 30 20:27:23] [Lobby] gmarc66: MP: so u always preselect stocks u will play that day...or do u ever just happen upon stocks thru out the day and quickly make a decision if u should jump in and day or swing trade it? [03 30 20:27:23] [Lobby] F1ynn: Uptrend: have a good evening [03 30 20:27:26] [Lobby] akagolfie: so follow the rules.... [03 30 20:27:38] [Lobby] akagolfie: what are you worried about? [03 30 20:27:46] [Lobby] F1ynn: Uptrend: you are fine, have a good evening [03 30 20:28:09] [Lobby] Uptrend: New people believing what prices are being projected/ [03 30 20:28:10] [Lobby] mp6140: gmarc -- both ways [03 30 20:28:19] [Lobby] akagolfie: Uptrend: oh [03 30 20:28:20] [Lobby] gmarc66: ok [03 30 20:28:21] [Lobby] Stock_Doc: gmarc66: it's best to have your stocks you did some research on so you're prepared and not as surprised [03 30 20:28:34] [Lobby] Stock_Doc: and to be ready for whatever else the market throws at you [03 30 20:28:42] [Lobby] mp6140: exactly, and then they surprise the heck out of me [03 30 20:28:44] [Lobby] mp6140: lol [03 30 20:28:50] [Lobby] akagolfie: projected prices are like someone saying "trust me" [03 30 20:28:55] [Lobby] akagolfie: bogus [03 30 20:29:00] [Lobby] Uptrend: They are not realistic. And anyone who has been around pennies for 3 days knows it. [03 30 20:29:04] [Lobby] akagolfie: not one of here is god [03 30 20:29:12] [Lobby] akagolfie: except for a fes [03 30 20:29:15] [Lobby] gmarc66: Stock_Doc: yes, but im findiing it difficult to find entry prices and exits when a stock is running [03 30 20:29:15] [Lobby] akagolfie: few [03 30 20:29:30] [Lobby] akagolfie: gmarc66: stay out of running stocks [03 30 20:29:35] [Lobby] akagolfie: you missed it [03 30 20:29:39] [Lobby] akagolfie: no big deal [03 30 20:29:47] [Lobby] F1ynn: Stock_Doc: so you scan for stocks and go from there? [03 30 20:29:48] [Lobby] Stock_Doc: gmarc66: stay out until you're more accustomed [03 30 20:29:50] [Lobby] akagolfie: ya gotta let it go [03 30 20:30:10] [Lobby] gingtc: LOL Bronz I dream. Like right now, the key is water... I haven't figured out what it means yet LOL [03 30 20:30:15] [Lobby] mp6140: like to help you gmarc, but too much happening [03 30 20:30:15] [Lobby] Stock_Doc: i'll either try to catch it when prophet takers sell or i'll set my price a couple ticks ahead of the current to ensure a buy [03 30 20:30:16] [Lobby] akagolfie: get in at the bottom and wait [03 30 20:30:20] [Lobby] gmarc66: but so many people seem to be able to identify a stock when its starting its run, in the early am [03 30 20:30:23] [Lobby] akagolfie: you will make $$$$ [03 30 20:30:28] [Lobby] Stock_Doc: F1ynn: i have my set list that i'm prepared for [03 30 20:30:44] [Lobby] Stock_Doc: when i used to put a lot of time into this i'd go through over a 100 stocks a day [03 30 20:30:46] [Lobby] akagolfie: gmarc66: the early am is the WORST time to buy a stock [03 30 20:30:51] [Lobby] pattypatty: gmarc some of these ppl know some stocks as well as they know their children [03 30 20:30:56] [Lobby] Stock_Doc: and whittle it down to 3-5 i want to really watch |
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