Simple Profitable Method

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It's still going up as we speak... forget the 10 min, I wish I'd never mentioned it, was never a part of the SPM, I just happened to say if it supported a 2 min signal then so much the better... but the 2 min is still KING
 
Quote from Trader28Lite:

Jumping in early on that one was a no brainer, all the momentum was to the upside and MAC was already well above zero even though it hadn't crossed it's MA, you should have been in at 13.54/56 on the 10TMA+2
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Thanks.
 
WTH is this triangular thingamajiggie? I am still using 3+sma and have grown very fond of it. I wish YM moved a bit better. I only had a couple of shorts this morning albeit one was very nice but avoid most of the afternoon crosses unless we are making new hi/los
 
2 minute MACD
10 period Triangular/S MA +2
3 period Triangular/S MA +2 (re-entry)


Thats it, no stoch's, no 10 min charts, no god damned Hershey bars


I'm bringing sexy... err simple back
 
Quote from Bearbelly:

WTH is this triangular thingamajiggie? I am still using 3+sma and have grown very fond of it. I wish YM moved a bit better. I only had a couple of shorts this morning albeit one was very nice but avoid most of the afternoon crosses unless we are making new hi/los
More...

You get a slightly (and I mean slightly) better shape with the Triangular BB, but stick with what you like, they are both very close to the proprietary MA's I use
 
Quote from Trader28Lite:

2 minute MACD
10 period Triangular MA +2
3 period Triangular MA +2 (re-entry)


Thats it, no stoch's, no 10 min charts, no god damned Hershey bars


I'm bringing sexy... err simple back
More...

IMHO referencing longer frames is essential for the right r:r, otherwise taking a contrarian approach based on 2 min chart when there is no divergence, may result in average 1:1, I would like to see ~3:1 personally. You are obviously trying to achieve a high win/loss to gain from the SPM, am I right?
 
Hey Trader28,

Do you watch/look at the 'Histogram" on the Macd at all?

If a person would have taken all the Stoch 5-2-3, 50% crosses
today, they would have been whiplashed to death?

The SMA3 + 2 and SMA9 +2 are very accurate...

Thanks

snarlyjack
 
Quote from romik:

IMHO referencing longer frames is essential for the right r:r, otherwise taking a contrarian approach based on 2 min chart when there is no divergence, may result in average 1:1, I would like to see ~3:1 personally. You are obviously trying to achieve a high win/loss to gain from the SPM, am I right?
More...

I would never let the 10 min fake me out of a great trade like 13:54/56... KISS

The 2 min is a strange beast, what is most likely a retracement/pullback on the 10 min is usually a nice trade on the 2 min

Yes I certainly don't mind if the 10 min supports the trade but that may just mean I'll hang around for a little more, it wont determine if I take the trade or not
 
Quote from snarlyjack:

Hey Trader28,

Do you watch/look at the 'Histogram" on the Macd at all?
More...

I've played with it Snarly, but ole MAC keeps callin back

Same long forming again, watch for double top though
 
Quote from Trader28Lite:

2 minute MACD
10 period Triangular/S MA +2
3 period Triangular/S MA +2 (re-entry)


Thats it, no stoch's, no 10 min charts, no god damned Hershey bars


I'm bringing sexy... err simple back
More...

LOL, you're freak'in one of a kind!

JJ

P.S. ... this guy knows his sh*t reagardless of whether anyone else (self included) knows it too. He called the Long and took no heat on it. Unlike my earlier call at 1429.00 - on a seperate thread - where I had to wait 3 freak'in hours for 2 freakin points!, sheesh, that's no way to make money :-).
 

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