Stock Replace

Stock Replace

Mike Parkers's Method With Penny Stocks

This is Mike Parkers Method to trading. He uses quote tracking and has made a great deal with his method. This is what he looks for while trading penny stocks.

Based on one watch list and two intraday charts.

CHART TIME PERIODS 1 minute 2 day, 1 minute one day, 3 minutes, 5 minutes, 10 minutes, 15 minutes, 30 minutes and 60 minutes of which ONLY 2 CHARTS NEED be up at any one time! In standard use, and after a few minutes past the open, we usually have our main chart and another chart next to it with the next smaller time period on it as a "warning system". we will probably be ending that practice, as it doesn't seem to be needed at all !

CHART INDICATORS: ema 9, ema13, pivot points and prior close.

INDICATORS trix, fisher transform, momentum, RSI, Williams R%, CCI with histogram. not necessary, but often visible as the online chat is presently experimenting with the elliot oscillator, MFI and bressert dss as adjuncts or replacements for the RSI indicator.

INDICATOR SETTINGS presently, only one indicator --- Momentum --- has multiple settings for the multiple time frames and these settings and time frames MUST always be adhered to!

01 minute through 10 minute -- 25/20 9:30 am (est)

15 minute -- 25/20 from 12 noon.

30 minute-- 12/10 from 2 o’clock

60 minute -- 6/5 from 3 o’clock

trix 3/5

fisher transform 6/4

Williams R% 10

RSI 6/1

the "classic" method is an easy going trading system based partly on the general 3 day rule of stock rallies which states that one NEVER buys on day 3 of a stocks rally. day one and day two, but not day three ! (there will ALWAYS be exceptions, but on average we are SELLERS on day 3, not buyers !) it is a day trading system based on a stocks MOMENTUM, which has proven itself phenomenally reliable (since a stocks movement is basically just momentum and is what we use to guide us through a days trade.) and finally, it is a laid back, "buy one stock and see it through to the end of its movement", type of system ! it is slow and steady and brings consistent earnings in the 10 to 20% range daily, with amazingly low risk as long as the instructions are followed ! Additionally, it is really super at detecting what will be a gap up the following trading day !

Should you like to dash from stock to stock, taking MANY little bites and then moving on -- "scalping" as you go, the "rumpled" version is more the one you want !

ENTRY METHOD: we use the valchange% indicator to notify us of stocks that are moving strongly out of the gate and it gives this information by giving a numerical ranking to each stock! but valchange only tells us the stock is moving so we need to determine what day (one, two or three) this movement is taking place on. for this, there are two additional charting packages on qt --- "historic charts"(by Prophet) and "big charts" and normally we quickly look at the "historic charts" and count the dark OHLC bars prior to today’s action. if there are no previous bars, or only one, we check to see how much "headroom " or room available for the stock to move UP before it hits resistance there is by looking at the LINEAR REGRESSION CHANNEL to see how far the stock can move upwards, and we very quickly check the Williams R % indicator to see if its pointing up ! (no numbers, no nothing --- just up) (the williams can be replaced by the Fast Stochastics at the same setting -- they both show the same movement and the FS has a SIGNAL line, which the williams does not have)

Article was written by Mike Parker Hot Penny Stocks

About the Author

Mike Parker member of Penny Stocks

Any ideas for a CD player to replace my old stock one in my 1996 Pontiac Sunfire?

I'm looking to replace my old stock cd player in my '96 Sunfire and something that looks good. Does anyone make a stock looking cd player thats up to date that plays all cd-r's ? Thanx for any help!

go to http://www.circuitcity.com/ssm/In-Dash-Players/sem/rpsm/catOid/-13642/N/20012898+20013641+20013642/link/ref/rpem/ccd/categorylist.do

and put in the make and model of your car. It will have a list of in dash players that fit. And then find some and read the reviews on em. Usually Pioneer ones are really good.

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