Simple Profitable Method

[EqtTrdr]

MACD chopping around zero line all day

fake ZLRs all over the place

 

[wee man]

long 772.5

 

[trader28]

Quote from wee man:

long 772.5

I hope it works for you WM but we have had 2 hours of chop and now it is lunchtime, you have to factor conditions like that into your trading decisions

 

[nkhoi]

ym says up

 

['81packer]

question... what is MACDT3 and how is it different/ plotted ...etc

( I use Tradestation )

 

[Bearbelly]

Half the stocks in the dow are red. Time for caution imo.

 

[wee man]

Quote from wee man:

long 772.5

Out - 771.30

Just after the philly numbers - forgot about dat - doh!

 

[oraclewizard77]

real time demo trade, short er 770.70

 

[oraclewizard77]

Reason for trade, MACD crossover to downside, below pivot and broken through lower support point. Going for 769.70 as profit target.

Stop is 720.30 which is above recent highest resistance.

I may average more contracts if at higher resistance, obviously this is not exactly how trades are being done here, so we will see what happens.

 

[oraclewizard77]

canceling stop for now