yeah Macd (3, 10, 1) with simple moving average can be used as a price oscilator for convergence/divergence.. works very good. With Linear it shows a good entry point...
great work today. I am wondering when you enter a position does it go in your favour most of the time or does it go against you a few ticks then starts to go in ur favour? and if you make sure that your entry is always at a point where it starts off in ur favor.. how do you determine that...
sticking to a plan is the best thing a trader can do. Your results today are much more impressing..seeing that you have the discipline and don't get greedy. Stick with your plan and life won't be unfair to you. :)
also, to expand on the previous question.. how do you stay with the trend and what tells you that the trend is strong.. which obviously results in bigger profits. I have a tendency to exit all trade after 1-2 russel or S&P points as I am never sure when the trend might go against me all of a...
thanks presistenttrader.. I have about 7 diffrent formulas that I use with camarilla being the major one on intraday. Now I will add you formula to my trading system and see how the market reacts at those points and since I will have to manually script it.. I will just name it...