StockMarketStrategy

I suggest using ThinkOrSwim as it is free and you can use it as a simulator.

Thank you very much. Happy to hear you find the video helpful. If you visit my website you can find my email address. I am not sure I am allowed to place it here.

By the way I have uploaded a video on how to place stops and trailing stops

This is not RSI but Relative Strength Comparison. If you are looking for RSI then please watch my RSI video. The settings in that video is the standard RSI setting.

Yes we are. Candlestick patterns are also a great non lagging tool. But yes. Support - Resistance is a must use tool in trading.

For intraday I would use a time frame that is low enough so intraday trend can be established. For example a 15 min chart is in my opinion too high for indicator trading intraday. Not enough bars to adjust for a potential gap down/up.

Weekly trend I would probably trade hourly.

Are you using overall trend to increase the odds of success? Or perhaps support/resistance?

Normally you just take the low of the move and the high of the move. However sometimes you might adjust the low or high if the these are created on the basis of a spike in price. If price haven't really traded at the price more than a split second then you might want to take the close of that bar.

It depends on the size of the engulfing bar. If it is a momentum bar (relative big compared to others) then I might move stop up.

Hi. Thanks for the feedback. I am wondering if you are aware of the HD settings and full screen options on this video? You can select 720p and then full screen. Then the text is enlarged while the quality is still super. If you select these 2 things then it is easy to spot the time frame up in the left corner. However I will keep your suggestion in mind for future videos.

You are welcome. You have done well putting together the ideas you like into a strategy you feel comfortable trading.

In this video I used a 30 MA but generally we use 50 MA and 150 MA. 150 because of Stan Weinstein and 50 MA because many hedge funds use 50 MA.

Yes you are correct. Anyone making 20 or even 10 % a year should be happy. Do not change something that is working. And yes. It depends on your account. Trade next to your job until your account is big enough so you can make a living trading.

I am yes. So you pinpointed it correctly.

Yes it works on all time frames however keep in mind that the lower the time frame the more noise on the charts. What could look like a chart pattern might just be noise.

If the market continues to make new high then MACD will either not show divergence as it eventually will be pulled up and make new high or the signal will be a fake one and you will lose. Remember to use indicators combined with other technical or chart analysis.