Trading Strategy on charting on QC Pro.
Short term investors. (Trading)
Active traders (active every day)
Will look at the shares’ 1 or 2 a Day
Time period in a share will be 5 Days to 3 months
Income driven investors
What will my plan of action be for a long term Investors?
First Step
What buy & Sell Moving Averages to use?
3E & 8E
If the 3E cross the 8E up that will be a first buying confirmation
If the 3E cross the 8E down that will be a first selling confirmation
Second Step
How to read the MACD.
You will have two parts on the chart a + and –
There will be a 0 line
Set your settings on the MACD to 14 & 21 whit a 9E MA’s activated
Would the MACD movement price break the 9E MA Positive it will be a second confirmation to Buy.
Would the MACD movement price break the 9E MA negative it will be a second confirmation to Sell.
Third Step
How to read the RSI.
Set THE RSI on 14 whit no Moving Averages
The average turning point up will be 30 for a buy
The average turning point down will be 70 for a sell
Fourth step
How to read Stochastic.
Set the Stochastic on 14 whit no Moving Averages
The average turning point up will be 20 for a buy
The average turning point down will be 80 for a sell
Fifth Step
How to use the Williams % R
Set the Williams % R on 14 whit no Moving average
The average turning point up will be -80 for a buy
The average turning point down will be -20 for a sell
Please look at your volumes on the shares you view by using the walking line by pressing on the Space Bar.
The average deals must be at least above 100
That will indicate an active share.
Always confirm that all your indicators confirm the movement of the share up or down.
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