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Telefônica Brasil S.A. Message Board

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  • maddstox maddstox Mar 12, 2008 10:35 AM Flag


    I had to make a break. I either had to rely on indicators such as those (overbought/oversold, etc.) or start trend trading. Mixing the two can yield different results: they are just two completely different ways to arrive at a conclusion, although certainly all of those have a time component and are a trend of some sort. I just figured I had to make a clean break. But I do think overbought/oversold was the single best of its kind. I still do. But just like one needs multiple time frames (sma/ema), one also needs confirmation from multiple indicators. I liked those 3 best and I sometimes still peek at them (they are on my charts anyway). I had some formulas of my own that melded them together (higher math stuff). I found them helpful on the very small time scale. Statistics isn't my "thing" in statistics, but I made it my focus for a while. We can overanalyze anything and get nowhere fast.

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