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.
One thing you might work on it just making sure you can get in a trade in the right direction. Don't worry about the trend yet. Remember that not every day is a trend day and once you get in you have no gurantee it will not reverse.
Once you can consistently get in the trade in the right...
I have the Ergodic bar indicator for NT. You can get if off of the NT support forums. Do a search for ECO bars. They can be helpful but I have not really been using them for a while. They are just setup on my template. I change things around every once in a while to see if I can find...
IF,
Here is a chart from today. I have marked what I see as far as price. The way I see it you are never going to know for sure about trends, pull backs etc... You have to take a chance based on probability. If you don't want to chance a long term trend by staying in then go from...
ES 10k volume chart today.
IF,
I think the reason you see why people say trading is more of an art then science is because it's the blending of different things that help you trade. Whether it's
chart patterns, S/R, macro and micro time frames, entry and exit timing etc.... How...
IF,
Some have mentioned Suri's book in the beginning of this thread. If you get it EVERYTHING that has been talked about in this thread is in the book. Also things that have not.
I took the advice and purchased the book. If you just use what is on a few pages and understand it...
IF,
I'm curious and still trying to learn all of this myself.
Do you watch all day or just part of the day?
The reason I ask is just from my perspective ( I know this is hindsight) right around 9:44 and then 11:10 you had two reversals. Why did you wait so long to get...
Are there any sites or videos you can buy that are just people trading throughout the day and explain what they are looking for etc? Someone teaching while they trade or just good videos of someone teaching? Thanks.....