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  1. B

    How I use the MACD as a way to identify trend reversals

    Wow! Please show us your trades where this works.
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    Question to all the Price Action Expert

    FWIW: 1. Long or short? This appears to be a time to wait. 2. Where's the next best trade? Depends if price breaks to the upside and retraces for a long entry or breaks the up trendline and retraces for a possible short. A higher timeframe showing s/r levels might be helpful. 3. Where are...
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    Is there a name for this chart pattern?

    Simply the exploration of price to find fair value. Looks like 1.405 is about the middle of the range.
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    Patterns and trends work for all time frames???

    I am a little bored tonight, so I am going to "throw out" my view of "patterns" from 30+ years of observation. Price moves in a direction as long as there are more people hitting the bid than the ask or visa versa. When that energy is exhausted, there is a stall, a retracement, a consolidation...
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    Did DB and the Price Action Scribblers Throw in the Towel?

    Marketsurfer's own description of himself. The last word sums it up. "small time hedge fundee, journalist, trader, economist, provocateur"
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    Summary of brokers and software, users and reviews

    Is this no longer on the ET site? I am looking for feedback on users of Ninjtrader brokerage and am not sure where to post this.
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    Black Monday

    http://www.arabianmoney.net/private-equity/2015/06/28/black-monday-for-financial-markets-as-greece-goes-bankrupt/
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    The Trouble With Scribbles

    Why not just trade a monthly close past your moving average? That seems to work? Why worry with all the other drama?
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    The Trouble With Scribbles

    Which is?.........
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    The Trouble With Scribbles

    All he did was buy a sla reversal. duh!
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    The Trouble With Scribbles

    B1S2, I understand if you are using indicators as a proxy or filter for price action. Here is another trader who does the same thing, but he states up front that price action is the key. http://www.wattstrading.com/
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    The Trouble With Scribbles

    Ok, Here is the Macd, two divergences, one with a crossover, so all three were in agreement, but no buy. So what is the value of the indicators? You apparently only use them on "profitable trades". And as much as you rant about lack of rules, you say "It's just years of experience". Sorry...
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    The Trouble With Scribbles

    Ok, Here is BB chart. Same question. Same BS.......... Why not here, here or here? You have BB and RSI in agreement? Maybe 5 hits on the BB is the magic???????
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    The Trouble With Scribbles

    Why no buy at these 3 divergences?
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    The Foresight Thread

    on the 5 minute or less...maybe, good luck
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    The Foresight Thread

    Db, I have been working with bonds using sla as you mentioned above. Posting just as an example of sla working. Waiting to hit demand line to decide to exit or not. Thanks for all you post.
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    Finally, Google launches cell phone service, goodbye VZ, ATT, TMUS and sprint....

    Check out Republic Wireless. I pay $21 month, unlimited talk text and data. They run on the Sprint network and any available free wifi. The phones switch automatically. Plans start as low as $5 month.
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    The Trouble With Scribbles

    Do you guys read the thread or just bored today? from yesterday: "Exiting here at my "target". Will now look for ops to reverse or continue."
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