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Snappo · #1 (**permalink**) 10-21-2008, 07:52 PM

I found this suggestion for monitoring TA of stocks on the IHUB board...I wonder if anyone here finds merit to the method explained below:

"a good rule is go LONG or SHORT when you get a crossover on both the MACD(9-12-26) and stochastics d%3-k%14 at the same time or around the same time, and the lines should have a good space between them which defines a bullish or bearish move so they cannot stick together."

Stock_Analyzer · #2 (**permalink**) 10-21-2008, 08:52 PM

You can review the MACD lesson we have here, Lesson on MACD line Indicator

But yes when the MACD line crosses above its signal line in conjunction with the full stochastic line, then thats just 2 confirmations.

Snappo · #3 (**permalink**) 10-21-2008, 09:01 PM

Great! Thanks! Will do!!!