Simple Profitable Method

[tyler19]

you honestly have the answer for everything! ha ha nice job.

 

[SamuelEngland]

Quote from notTrader28:

heh heh... you cant sweat the petty stuff... but I do like to pet the sweaty stuff

Good fellow, life is far too important to take seriously.

 

[jack411]

How did everyone do today? The YM had a few false signals...

 

[Bearbelly]

This may sound a bit weird but I look at every cross and ask myself "would I take this trade even if I didnt have the macd"? If the answer is no I dont take it. I am looking for a good entry that coincides with a cross if that makes any sense. I look for little flags and triangles in the neighborhood of a cross. This is a conservative approach.

 

[Bearbelly]

Four trades this morning for small winners. Nothing this afternoon as I am pretty cautious in the afternoons as a lot of games get played.

 

[hawthtrader]

BB - what time zone are you in? My price chart and indicators are very similar to yours but by no means identical. For instance I don't see the same patterns you hav marked in red on your chart. I assume on your price chart the yellow line is the SMA3+2, the green is 9 SMA and the red is 89SMA - correct? Is your MACD 12, 26,9 calculated using EMA on the close? Are the differences I see accountable to the fact that we are most likely using different data providers and charting tools? (Sorry these are noob kinds of questions but I don't often have occassion to compare my charts with others.)

 

[Bearbelly]

Im in the Eastern Time Zone. The red and green lines have nothing to do with this system. I have no idea why our charts are different. I am using default settings on the macd. Im sure its the close.

 

[jbarnby]

BB, I noticed that my charts are different also. I'm guessing it's the differences in the data providers. I've noticed this with other posted charts as well. I do find it interesting, and somewhat disturbing, that different vendors paint bars/candles differently but I guess that's the way it is.

 

[Trader28Lite]

Quote from luisM:

T28, Thanks for a great thread and thanks to all other traders for their input.
Dont rock the boat too much now !

Ok I'll try... I'm running the lite version of myself now... very mellow

 

[JohnHinVA]

Hi T28, thanks for all your words of wisdom and patience.

I am trying a trial of the Kwik Pop indicators for Tradestation. I wanted to put the same indicators you had on my workspace.

Can you tell me the names of the indicators you use? I looked but could not find an "Expert" indicator, which I think you said produced the up and down arrows on your chart. Also, I could not find the blue/red plot that indicated "bullish" and "Bearish".

Thanks!