I just wanted to review some recent signals and how having multiple indicators sometimes saves you the whipsaw in and out of a stock. For my weekly AAPL trading style this works:
1. Watch for indicators:
a. MACD crossover
b. KPEI script crossover
c. KST crossover
d. Donch. Channel signal of 2 bars above (going UP) or below (going down) middle channel line. When you get 2 bars the trend continues for several days.
2. You really want to see 3 indicators in agreement. Waiting for the 4th sometimes causes opportunity loss.
3. We may see a down trend start today but Fridays are always a hard call when you have only two signals and two more that are about to trigger.
1. Watch for indicators:
a. MACD crossover
b. KPEI script crossover
c. KST crossover
d. Donch. Channel signal of 2 bars above (going UP) or below (going down) middle channel line. When you get 2 bars the trend continues for several days.
2. You really want to see 3 indicators in agreement. Waiting for the 4th sometimes causes opportunity loss.
3. We may see a down trend start today but Fridays are always a hard call when you have only two signals and two more that are about to trigger.