acervapsych
39 posts
msg #29538
- Ignore acervapsych |
10/28/2003 10:21:04 PM
RSI(2) has worked for me. I use RSI(2) as a indicator to get ready for a reversal (up trend). I use weekly charts to determine how much more the stock has to go before turning around. I use daily charts to determine my entry and setting a stop limit. I have learned great deal from this website and thanks to my buddy St0ckpimp.
I bought SONS (per Rumple One recommendation) on Monday and sold it today for a nice profit. Bought GPS (GAP) based on RSI(2) and made a nice profit. I use several filters from Holy grail and Rumple one and of course one that I created. Which is a simple RSI(2) filter. Nothing fancy, very simple. I believe RSI(2) can be applied to any filter.
When the markets turn around (heading south) I don’t trade. I wait for the market to do a reversal. Go with the flow.
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jthehut
124 posts
msg #29539
- Ignore jthehut |
10/28/2003 11:13:39 PM
On 10/24/03, The RumpledOne wrote:
Just remember while grown men who wear skirts go to bed if the market is red, real traders are trading with real money and making real profits.
I just want to know...what if you're Scottish?!?!? Can you still make "real" money?!?!? LOL
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jthehut
124 posts
msg #29540
- Ignore jthehut |
10/28/2003 11:17:45 PM
RumpledOne: are you starting to mix fibs into rsi(2)???
All the picks you've had make close to perfect fib retracements before the rebound...I knew I would find your secret sooner or later !!! LOL
M aka jabba "I'm more happier since the F&@#%@! semi-conductors rebounded" the-hut
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TheRumpledOne
6,529 posts
msg #29541
- Ignore TheRumpledOne |
10/28/2003 11:59:02 PM
jthehut:
There are no "secrets". HolyGrail and I posted RSI(2) and linear regression filters, strategy and tactics. We also explained how we use the 13 and 26 emas.
If there was a secret, I posted that too:
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne
6,529 posts
msg #29545
- Ignore TheRumpledOne |
10/29/2003 8:29:34 AM
RSI(2) gave you the heads up on EASY on 10/24.
10/25 rsi(2) was 1.35. Price sitting on lower Linear Regression line.
10/26 EASY holds green. OPEN 1.41, LOW 1.41, HIGH 1.59, CLOSE 1.57 15 cent or 10% gain in a day.
ANY QUESTIONS?
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MODERATOR
28 posts
msg #29546
- Ignore MODERATOR |
10/29/2003 9:17:34 AM
This message has been removed by StockFetcher.
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jthehut
124 posts
msg #29547
- Ignore jthehut |
10/29/2003 9:39:24 AM
Was it that "EASY" ?!?!? PUN INTENDED!!!
Forget Miata...consider new RX-8 (only 150k fully loaded)
License: RSI24VR
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TheRumpledOne
6,529 posts
msg #29548
- Ignore TheRumpledOne |
10/29/2003 10:17:44 AM
jthehut:
I bought a 1990 Miata on 10/17 and a 1993 on 10/27.
Don't need an RX7... I like the Mit SPYDER anyway...
Can you say, RSI(2) buy me a BOXSTER?
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TheRumpledOne
6,529 posts
msg #29562
- Ignore TheRumpledOne |
10/29/2003 10:46:03 PM
RSI(2) says...
LOAD THE BOAT WITH ASTM WHEN IT HOLDS GREEN.
Ditto for GENR.
Anyone else making the $$$ off RSI(2)?
MAY ALL YOUR FILLS BE COMPLETE.
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EWZuber
1,373 posts
msg #29567
- Ignore EWZuber |
10/30/2003 12:17:33 AM
I would like to suggest that there may be a better way to determine entry points than trying to determine when the stock holds green.
For GENR for instance the best entry of recent was on Fri. at 12:30.
I suspect another one will present itself but that was a well defined trendline break. IMO
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