thanks steve, we've both in the same ball park i.e. over sold
From Grey1's swing rules/guidelines
1) if MACCI daily OS today (does it have to be Friday? its O/S tonight)
2) Looking tomorrow for to stocks off strong list that are positive on day
3) At around 8UK time tommorrow stocks are near high of the day
4) Open a postion just before market close
5) close postion on Thursday if target not hit
Glen
Glen
Your point '1' above makes reference to the INDU being oversold. Are you not interested in the MACCI of the stock itself rather than the INDU? Just a thought.
Cheers
Steve
Hi steve
i think your right here, below is Greys post, I thought he was talking only of the Market, but reading it again i think your right (the stock, or may be both market and stock?)
cheers
Glen
Most of you guys are TA Trader so lets give the criteria for technical swing
SHORT
1) if MACCI daily is 100 + on Friday
2) Day 1 stock is in negative lets say on Monday
3) At around 8UK time stock is near low of the day ( on Monday again )
4) Open a postion just before market close ( on Monday )
5) close postion on Wednesday
Pos size must come from daily ATR
Stoploss must come from daily ATR ( allow more than 1 ATR due to market volatility @ open )
Target must be 3 times more than stop loss or the third day which ever hits first
You can write a code to automate this on TS and it is not a difficult task .
Market breaking lower down 1.7%;
View attachment 32306
weak list;
View attachment 32308
strong list:
View attachment 32307
hats of to Grey1 on MBI
Hi Belfan- is your weak and strong list based on the list provided by Grey1 sometime ago ? (I can't find that particular post from G1)
Cheers!
Raj
hi Raj,
yes, Grey provided a weak and strong list. its on post 2 of this thread
cheers
glen
''this is my list 2 left column weak right col umn strong''
That is more than a month old. Surely you need to update more frequently than that. (IMHO every day if you are anticipating a swing hold period of the order of 3 days or so).
Glen
Are you trying to use the "From Dictionary" option all the time when attempting to add the symbol? If you are, you need to use "Add New" instead and fill in the correct details yourself.
Steve
hi paul,
no, i'm ok with this, it's just i can't find some of the symbols on Globalserver's 'find' function
ta
glen
now i see, just tried this on one of the stocks i couldn't find last night.. and i got it
many thanks
hi dcraig,
i believe greys pick out these stocks based on there fundamentals, and therefore will go up/strong down/weak for the next few months
glen
Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
100% correct ,, I have added few stocks to my list which i post after trading hour,,
I have a target list for all these stocks based on model I use which helps me to exit in good time
Grey1 makes 90% of his earning from swing trading of fundamentally weak/ strong stocks and day trading only for those days that GOUT is not around
grey1
Grey1
Senior member
- Messages
- 2,190
- Likes
- 204
This is the new updated weak list ,, Please ignore RIMM and AAPL on the third column ,
Grey1
Attachments
many, many thanks Grey,
such a friendly BB, with friendly helpful people, willing to help all the time,
just makes you wonder
hope Frank comes back!!
ta
Glen
