MACD is probably going to get you in too late. Learn to read Price Action.
There is a thread on here using MACD for entry. I don't remember the name but the rules are -
If the MACD crosses down below 0 line go short. If it crosses up above 0 go long. If it crosses down above 0 line...
I just gave you everything you need a couple of posts up. People make this so much harder than it is. It's not the trading. Its the discipline. I can give you a perfect strategy and if you don't follow it and have discipline it would be just as I have given you the worlds worst strategy.
I suggest that Iron fist look at the trend. If the trend is down then look at last swing low. Price will usually retrace back up above this then consolidate. Then place entry about 3 ticks below the last swing low and let price come to him. If price breaks the entry then he needs to manage...
So, if your opinion of the intellect here is low. Why not bolster your over inflated ego on a board that might appreciate your gab?
I think it's hillarious how many insecure people post here. Little penis syndrome I guess.
You know, I actually like him. He does interrupt but I enjoy the banter. I like the whole show actually. It beats the hell out of Cramer. I think he's a moron. Even if he knew what he was doing I think he's just plain annoying.
LOL!!!!! You guys are cracking me up. I'm back home now and it's all over for a few months at least.
Don't get me wrong. I LOVE to eat and eat well I just like to choose and not do it 4 days in a row. I have had my share of health issues and I am finally getting back in shape.
My goal...
I'm at my inlaws. I always cringe when I come here. My mother in law is a wonderful cook. Everything is great. The problem is it's terribly unhealthy.
Tonight we are having Mac n Cheese - Fried Salmon Patties and Fried Okra.
For Thanksgiving there is Mashed Pototoes, Dressing and...
KOOL,
Thanks for your interesting posts. I was wondering if you might post a synopsis of your technique? I have checked out the mypivots.com posts as well and understand somewhat but I am curious if you could give a little more info on what you look at for high and lows? Also do you...
I guess Im confused. If you are entering. Why wait so long? After you confirm you are going long or short enter? It seems to me you are waiting to long to get in because you might be unsure.