Recent content by followtrend

MACD, MACD, MACD ...

Now you gotta be long in this market. Be ready for a strong opening today.

dkny, make sure you use 10 or 5 min. You may not see any divergence with a 60 min or it will be too late. I like the 10 min charts best

stocon, I set it to 4,16,6 and use the 10 min charts. If you dont see the waves with this time frame, change it to 5 min.

As their name imply, indicators show a possible direction. I found out that MACD works well on an intraday basis. Particularly when a stock tanks MACD indicates when it is ready to rebound. Not a completely safe bet but I would say it is accurate 75% of the time.

Not necessarily since their liquidity is high enough. You will have executions problems with volume <50K

The uptrend is over now. I closed all my positions. So many divergences took place today. Didnt enter any short positions yet.

I sold HD today. Still holding 700 shares of GE.

I am selling some. How are you doing in this market, jturner?

Nasdaq taking off. New trend forming. Cover now and keep loading up. Enjoy in 6 months!!

The trend is up! Buy, buy and buy!!!

jturner, You made money by shorting the cube. I am gonna make money by going long. Bought 500 shares today and will hold them for a while. This is the beginning of another bull market.

I love gaps :D

jturner, Asians markets are crashing. You're gonna make some pretty good money with your open position.

If you follow the trend, you don't care where the bottom or top is.