Is anyone using Edwards and Magee's trendlines in action rules?

[humble1]

If so I would like to start a thread using this method of analysis. Thanks.

 

[rjiecs]

i never heard of them . Looking forward to your posts.

thx
rjiecs

 

[qxr1011]

Quote from humble1:

Is anyone using Edwards and Magee's trendlines in action rules? If so I would like to start a thread using this method of analysis. Thanks.

I do.

 

[humble1]

What do you trade? Stocks or futures or both?

 

[qxr1011]

Quote from humble1:

What do you trade? Stocks or futures or both?

QQQQ

 

[Trader273]

Quote from qxr1011:

QQQQ

Never understood this, if you're going to trade an ETF, why not just trade the future? More bang for your buck. Also, No day trading restrictions, more leverage, easier to short, and I think more liquid. Just curious..

 

[qxr1011]

Quote from Trader273:

Never understood this, if you're going to trade an ETF, why not just trade the future? More bang for your buck. Also, No day trading restrictions, more leverage, easier to short, and I think more liquid. Just curious..

Bad habit

 

[humble1]

Here is the weekly QQQQ chart.

 

[Trader273]

Quote from qxr1011:

Bad habit

I dont follow. What's so bad about trading futures as opposed to the corresponding ETF???

 

[qxr1011]

Quote from Trader273:

I dont follow. What's so bad about trading futures as opposed to the corresponding ETF???

I meant me trading QQQQ is the bad habit.