Blow Offs
Telechart 2000 Users (jefwc)
Stochastic 7 K3 D5 EXP. MACD 12 26 9 EXP. Buy when Stochastic K is rising from bottom. Buy more when it appears K will cross D, rising.
Buy more when K and D will cross MACD intraday near or above 0, both rising. sell when Stochastic K looks sure to roll over intraday. go Short when you’re certain it will rollover. It takes some practice so back-check first and watch volume.
Was referring to rising stoc xing MACD, linear plot xing per. 9. All rise, converge at top of window. Bang!, blowoff, Sell out. Sell short into market. Covered near close Tuesday. Makes perfect sense to me. Works too.
Another example: ATHM 3-15 thru 4-13. Notice how stoc K bounced along the still rising MACD? May be a dangerous game but do you want safety or $.
Tab settings, more (jefwc)
Tab 1. 3 windows. Top window 1/2. Mid, Bot, 1/4 ea. Top, Price graph open bar EXP, green. B bands 20-20. 50 day SMA, 150 day EMA. Mid,TSV 18 day 9 day EMA.Bot, BOP.
Tab 2 Top, same configuration, 1/2 sceen. Mid 1/2 screen MACD 12-26-9, stoc 7-3-5. No Bot.
Tab 3, Top configured, but pushed up out of sight. Mid TSV 22 day EXP, 10 day EMA. Bot, RSI 14 day 7 day EMA. Explained about CUST in Previous post. Will find and advise of post #.
Have had good luck with other stock using same tactics described in previous post. Am working on grand project at present. writing new PCF’s assembling scans for all bottoms and tops. So far 1st attempt went 8 for 8. Beginners luck?
Used old DOS version 3 with success for a few years. New version 4 like dying and going to heaven. When trending consolidating 25 days scan wouldn’t update simply deleted it. Who needs it? Can always re-write if desired.
Tab 4 Top, same configuration as usual, 1/2 screen. Mid, 21 day TSV 10 Day ROC, 1/2 screen. No Bot. Use several methods both long/short. There is a very special reason for 150 Day EMA in window 1. Monitor it and purpose becomes obvious immediately. It serves a second not so obvious purpose. More later
jefwc (ejr39)
Are the following PCFs for your method correct?
Tab 1.
Top,
Price graph open bar EXP(?)
B bands 20-20
InSync BB
(C – (AVGC20 – (C * .01))) / ((AVGC20 + (C * .99)) – (AVGC20 – (C * .01)))
50 day SMA
(C > AVGC50)
150 day EMA.
(C > AVGC150)
Mid,
TSV 18 day
. . .9 day EMA.
InSyncTSV2 (modified)
(TSV18 > AVG(TSV18,9))
BOP
InSync’s BOP (modified)
(BOP > 30) AND (BOP > AVG(BOP,10))
Tab 2
Mid
MACD 12-26-9
InSyncMACD1 (modified)
(AVGC12 – AVGC26) > 0
stoc 7-3-5
(STOC7.3 > 80)
Tab 3
Mid
TSV 22 day EXP
. . .10 day EMA.
InSync TSV2 (modified)
(TSV22 > AVG(TSV22,10))
Bot
RSI 14 day
. . .7 day EMA
(RSI14 > AVG(RSI14,7))
Tab 4
Mid
TSV21
. . .ROC10
InSync TSV divergence (modified)
(TSV21 >= MAX(TSV21,10))
Let me know if this is correct?
Blow off in pictures (jefwc)
