Skip to main content

Cost Averaging, Again MACD and RSI



Alex Onze has interesting take on stock trading. He calls himself the Ghetto Financial Adviser. His songs and rap are actually entertaining. He shares
  • place orders on GTC
  • advocates cost averaging
  • build assets first before buying

Tyrone Solee of Millionaire Acts in his blog shares about MACD and RSI
  • Buy when MACD crosses above the MACD signal line
  • Sell when MACD crosses below MACD signal line
  • Watch out when the MACD lines cross, check if the histogram has flattened
  • Buy when RSI crosses bottom line (<30 li="" line="" or="" oversold="">
  • Sell when RSI crosses above line (>70) or overbought line

Spyfrat aka Sir Hernan Segovia shares on stock market indicators he used

  • Bollinger bands
  • RSI
Additional setup from Spyfat
  • Daily Time Frame
  • Weekly Time Frame
  • Bollinger Bands set values at 50, 0.20
  • RSI set to 30-period from the default 14 and set level 70 & 50 from the default 70-30
Conditions according to Spyfat

  • If bollinger bands below your prices=uptrend
    • If bollinger bands above your prices=downtrend
    • If RSI(30) above 50 level=uptrend
    • If RSI(30) below 50 level=downtrend
    • If both daily and weekly RSI(30) above 70 level=parabolic state
    • If both daily and weekly RSI(30) above 70 level but daily RSI is greater than weekly=parabolic high risk (phr) which is subject to paraburst wherein price already at its toppish and subject for correction
    • If both daily and weekly RSI(30) above 80 level regardless which is greater from the other=extreme parabolic high risk  (ephr) which will also be subject for correction
    • *best set up when RSI weekly is greater than RSI daily*

    For more stock trading articles, visit Digital Nomad Here
    Labels:

    Comments

    Post a Comment

    Popular posts from this blog

    OpenShot Add Text: Subtitles and Captions

    OpenShot is an open source video editing soft. Adding subtitles and captions is quite tricky. Adding subtitles takes effort. Suggestions by GeekOutdoors - You can have the soundwave form displayed so you know where the talking and pausing occurs. - You also use the green marker to help you decide how long the subtitle should be shown. - Encode the subtitles in Notepad so you can easily copy and paste it later on - Turn off the snapping tool which is on by default; to remove subtitle overlap For captions, GeekOutdoors, - used footer text, shortened the duration to like 3 seconds - if you want advanced editing of the text, you will need to download and link Inkscape to OpenShot Check out  basic OpenShot tutorial  or  list of OpenShot tutorial .
    Post a Comment
    Read more

    Cyanosis Verus Pallor

    Don't you ever get confused with cyanosis and pallor? When will you say that a person is cyanotic or pale? Remember that cyanotic is taken from cyan or blue. Cyanosis is a bluish discoloration because of deoxygenated hemoglobin in the blood. Pallor on the other hand is due to reduced amount of oxyhemoglobin in the mucous membrane. You can say that an American is cyanotic when you observed that the skin as wells as the nailbeds are dusky (sky color during twilight). In pallor, you will observe the person to be pale like blood has been sucked out. Another major difference between the two is that in pallor body is cool to touch When cyanotic is bluish, pallor is whitish. That way, it is easy to remember the difference between the two at first glance.
    Post a Comment
    Read more

    Get into Web Hosting without Spenting a Cent

    Another money making idea you can utilize using the web is through selling web hosting. You can now get into a reseller account for free. Either you sell paid hosting or offer free web hosting and having the client post your ads in their website. With Resellerspanel.com you can sign up for free as a reseller of their hosting; Yes, no sign up fee. This would be a great start for all those broke up there looking for a way to make money onlin; has been in existence for over 15 years! With MyOwnFreeHost.net you can give 300MB free hosting and in return get your ads posted in your clients web site. All they ask is a link for upgrades later on on your site. If you are looking for web hosting for free for your website, check out 000webhost . They have been in the business for over 10 years. There is also InfinityFree  which have been in business for 5 years. I am mentioning about the years in business because with longer business years, it is less likely for the company
    1 comment
    Read more