Simple Profitable Method

[DonKee]

Quote from Razor:

Excellent Donkee, appreciate the feedback, needless to say if one can produce a consistent $1,000 per week (net after commish and fees) per contract they should be very happy, I think you achieved about $2,500 net on 4 days but I would like to assume that was exceptional results and will not be easily duplicated.

I would be tickled to get 10 points per week net per contract.

btw, I just scalped a short for 1pt to get myself to net even on the day (you'll see the entry at 3:35pm).

 

[Razor]

That was a magic short to end the day, perfect fast MACD divergance then fast MACD sliced through the zero line and gave a nice 1.50 profit on the ZLC after divergence all off the fast MACD. Superb Just gotta trust the signals as I was almost sure a gap fill was coming....

 

[Razor]

Was such a perfect set-up I figured I would post a chart

 

[DonKee]

You're correct.

That was perfect. Thanks for posting the picture.

Wish they all worked out like that. LOL

 

[Razor]

Questionable short this morning for a huge (multi-points if you held) win on the fast MACD ZLC, problem is no good divergence before the move down so was
questionable to take it or not, IMHO.

 

[trader28]

If you started your charts an hour before open there was good diver

 

[EqtTrdr]

Quote from trader28:

If you started your charts an hour before open there was good diver

If ... ifs and buts were..

 

[trader28]

Quote from EqtTrdr:

If ... ifs and buts were..

I've always started my charts at that time to catch any data/moves from the reports that come out at 8.30am, the charts are not really complete without the big news related moves that happen an hour before open, all part of the game

 

[DonKee]

Nice ZLR trade at 10:18 for +1.50.

Good way to start the morning.

 

[Razor]

Possible long setting up with divergence on the recent price move down and fast macd, ZLC now could trigger a long...IMHO

10:27 EST post