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Daytrading with Consensus

Started by Ares, February 08, 2007, 08:37:46 AM

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Which is better

Using a stop loss
2 (100%)
Using a hedge
0 (0%)

Total Members Voted: 2

Ares

IVAN is close to the lower Linear regression line and RSI(2) is below 20.
Looks like support is around 1.83 - 1.79.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

ALTI is close to the 2.91 support area.
It is  close to the lower regression line and RSI(2) is below 20.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

GENR rising from lower linear regression and just crossed up from below 20 RSI(2)
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#243
In PKTR at 9.10

9.02 touched the lower regression line with RSI(2) below 20.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

TSCM is also at the lower regression line with RSI(2) below 20 with a low of 11.44
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#245
It looks lke this Linear regression/RSI(2) entry needs to be held overnight.
I'm trying to find out where the best entry would be for a day trade.
I'll be following PKTR to see where a good entry would be.

1st entry = when PKTR hit the lower regression line and the RSI(2) went below 20. Entry was at 9.10

2nd entry = a bid at 8.43 where the weekly chart shows a close of 8.42 and an open of 8.43

3rd entry = when the hourly chart makes a new high

4th entry = when the daily chart makes a new high.

5th entry = when the weekly chart makes a new high

6th entry = when the price is above the previous week's high, trading above the weekly 8ma, has a positive net price, and trading at least 25 cents above the open with volume higher than the previous day's.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

GENR went below the lower regression line with the RSI(2) below 20 at 0.38.
GENR's regression line is also uptrending.
I'm watching if this goes to the upper regression line at 0.54
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

TSCM has an uptrending regression line too with price at the lower line and RSI(2) below 20)
In at 11.44 for the first entry.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#248
I'll be following both TSCM (Uptrending  regression line) and PKTR (sideway regression line but slanting downwards a little bit) and find out which one does better.
I'm using a 3 month/daily Linear regression/RSI(2) timeframe for this test.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Active in pre-market: MAMA,ENCY,DSTI,PKTR,CYTR,HAYZ
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#250
In HAYZ at 5.35 (2nd from low linear regression line + RSI(2) below 20 + Daily support area + 50 ma at 5.34)
stop at 5.25
next support if stopped out is around 4.65 (lower linear regreassion line)
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#251
Out at 5.40 in HAYZ since it touched the 5.25 stop ( it looks like a bear trap though)
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#252
Info from the delayed chart from prophet.net shows me that the 1 day/1minute linear regression's support is at 5.25 and resistance at 5.70.
Building should look like approximately like this:
5.70
5.60
5.50
5.35
5.25
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#253
Grrrr >:(
5.25(lower line) was the low, went up to 5.68 (upper line) then it pulled back.
This Linear regression seems quite interesting.
I guess I just have to find out and do some test on how it works.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

I was just looking at the 1 minute linear regression line of MAMA.
It bounced at the lower line at 5.17 (which is currently the low of the day)
The info I'm getting right now is delayed but it's showing that the line is going down.
The real time chart that I could see is from tradefreedom.
It is showing me an hourly close/open pinch at 5.05
The 50 ma = 5.07
200 ma = 4.93
Support = 4.76
congestion = 4.65
Go in with upside momentum or wait for stock to tank and buy close to support.