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Short Term Trading Weekend Lounge: 6 -8th Apr, page-69

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Cabbie

9,244 Posts.

810

07/04/18

12:42

Post #: 32290039
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Originally posted by pmd3nka ↑

Thanks very much for the considered reply Cabbie. I prefer to be more conservative, indeed be backed also by a DVI crossover (either before or after the MACD cross). But either crossover type, in the positive or negative zone, puts a stock on my watchlist. Concomitantly, downcrosses on either MACD or DVI are viewed as a sell signal.

Sure, wrong plenty of times; and never pick a bottom with these criteria (although took a punt on on SLR when it put in a longterm low on its Bollinger Band Width - very often indicative of a sharp move, up or down). But it seems to work better for me than crossovers in the negative zone.

Cordially, pmd3nka (long fewer goldies.)

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I have to ask --DVI? Directional ........ Indicator?

XAO Value at posting: 5,886.9
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