MY PICK IS ELN

[spikefader]

...the abc might get back down to 14.50 R1 now support....

'c' long off the intraday waves was 14.55.

[Websman]

I'm glad I only trimmed my position and didn't sell out.

Let the profits keep rolling in!

YEEEEEEEEHAAAAAAAAAAAAAAAA!!!!

[dmk112]

Those red dots under price is bullish psar. When the dots flip to above price, it's starting a fresh bearish psar trend. So yesterday you can see the dots had been under price for 3 days...so the trend for those 3 days was bullish. But MFI didn't hit 70 until yesterday, so that's when the buy signal is. The concept is you want to be buying into a trend when money is flowing into it.

SPIKE,

Your system interested me so I decided to work on it a bit. I programmed those little dots that you see on the bottom, they appear when certain conditions are met with the PSAR and the MFI. This allows for easy spotting of buy signals (or sells). Where you see the dots circled in the chart is where the MFI is starting to trend and PSAR is bullish. They turn different colors depending where the MFI is, which is helpful by giving you a warning that a buy signal may come, when MFI hits 70 and PSAR is bullish, a bright green dot appears.

I'm still tweaking it but I wanted to see what you (or anyone else) thinks. From the chart for ELN it looks like it is quite successful. The 1st buy signal you see there (1st bright green dot starting from the left) came quite before the initial breakout.... Interesting?

[spikefader]

That's pretty cool dmk. Have you noticed whether the system is robust across most time frames?

I do like the hourly candles, but I suppose it would on momo stocks with say a 3 min like the one you show.

[dmk112]

That's pretty cool dmk. Have you noticed whether the system is robust across most time frames?

I do like the hourly candles, but I suppose it would on momo stocks with say a 3 min like the one you show.

The chart you see is a daily. The "3M10D" is the length of the period. I checked the weekly and the signal continue al the way through but doesn't trigger as early. As far as hourly or minute charts I only have the ability to check it on intraday across only 5 days, I'm trying to figure out if I can do it for more days.

[dmk112]

Here's the hourly for the last 5 days (I removed the PSAR and MFI indicators and just left the custom indicator so it's easier to see).

Looks like the buy signal came last friday(12/31) and we could of rode it until the PSAR turned bearish, almost a point out of the trade - what do you think? The friday that just passed (1/6), the MFI turned up, hence the dark green dot formed.

[spikefader]

ELN: a little 3 day ascending triangle is there now, and breakout targets 15.60. It's working on a channel turn up today too. If it closes like that, there's the green light for the intraday pivot buy tomorrow. I'm sure there's folks lookin' for an entry, and that's the next one I see, unless you like today's intraday 'c' long at 14.61 with a 0.75% stop. That's pretty nice....

[spikefader]

dmk, that's interesting stuff. I politely call on you to post every single buy signal for ELN with that system until you either lose interest or it become obvious that the system sucks! hehe or if people boo you off the stage. lol

[dmk112]

dmk, that's interesting stuff. I politely call on you to post every single buy signal for ELN with that system until you either lose interest or it become obvious that the system sucks! hehe or if people boo you off the stage. lol

Spike, I'm still refining it. But just glanced on the daily of ELN and the buy signal is holding from 1/04 and a fresh buy signal today again.

Should finish it tonite.

[Websman]

I'm still holding my half position and feeling very good about it.

[spikefader]

intraday buy setup was this one:

[Websman]

intraday buy setup was this one:

That won't work for me. I need an entry at $12. lol

[kingofthehill]

$15.30 nice real nice ...give me a chart

[noshadyldy]

$15.30 nice real nice ...give me a chart

I dare say it again....



KAAAAAA CHINGGG!

[kingofthehill]

Whenever a net buy volume of 2.4M or more shares occurs, a minimum price surge of 10% or more will follow."

Tool #4 is once again proven to be right on da money today.

Who says that the Chartists could not "see" the future?

I saw it.


SPIKE DO YOU AGREE???????