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Intraday Trading & Candles

 
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trader901
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PostPosted: Sun Sep 12, 2004 1:44 am    Post subject: Intraday Trading & Candles Reply with quote

Hello,

I bought Stephen's book and read it cover to cover and am having some problems with candles intraday. I can not seem to get relatively reliable signals using stochastics (slow) or MACD indicators. What settings do you guys use from intraday trading with candles and slow stochastics,

Thanks,

Trader901
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Sun Sep 12, 2004 2:15 pm    Post subject: intraday trading Reply with quote

Stochastics apply to all time frames, using a combination of the 12,3,3 and 4,2,2 is an effective combination for recognizing the trend versus the zigs. remember though that the signals are still the overriding factors for doing a trade
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