Hi!
I have been involved in the stock market since April 2005 and am primarily involved with stocks in the secondary market.
I do not trade futures and options. I got the reference of this site from google.com
I have been a member of this site for a little while now, but wanted to post something which could be of use to the existing members.
Firstly, I would like to thank all of you for sharing your experiences and observations. From the 1st time I have visited this site, I have learnt about the different kind of softwares that are available for technical analysis. After trying out a few, I have settled with fibotrader.
In whatever little experience I have, I have figured out one thing. Whenever you want to buy & sell shares, one of the the fastest & surest ways of maximising returns is by using the following indicators together. Please do let me know if you have any suggestions / changes that need to be made. These settings are based on my experience and they work for me.
1) ADX > 30
2) Stock has just moved over it's 20 day Moving Average
3) RSI at 9. Buy when RSI rises from 40 & touches 60
4) Slow Stochastics with settings of %K at 7 & %D at 10. Buy when the line rises from 40 & touches 60
5) MACD at 5,34,5
The RSI tends to give a buy signal 3 - 4 days before the other indicators
I hope the above is useful to you.
Regards...
I have been involved in the stock market since April 2005 and am primarily involved with stocks in the secondary market.
I do not trade futures and options. I got the reference of this site from google.com
I have been a member of this site for a little while now, but wanted to post something which could be of use to the existing members.
Firstly, I would like to thank all of you for sharing your experiences and observations. From the 1st time I have visited this site, I have learnt about the different kind of softwares that are available for technical analysis. After trying out a few, I have settled with fibotrader.
In whatever little experience I have, I have figured out one thing. Whenever you want to buy & sell shares, one of the the fastest & surest ways of maximising returns is by using the following indicators together. Please do let me know if you have any suggestions / changes that need to be made. These settings are based on my experience and they work for me.
1) ADX > 30
2) Stock has just moved over it's 20 day Moving Average
3) RSI at 9. Buy when RSI rises from 40 & touches 60
4) Slow Stochastics with settings of %K at 7 & %D at 10. Buy when the line rises from 40 & touches 60
5) MACD at 5,34,5
The RSI tends to give a buy signal 3 - 4 days before the other indicators
I hope the above is useful to you.
Regards...