Simple Profitable Method

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I also think Shclosberg for FX looked at the histogram as a momentum indicator. As each bar got bigger (MAs moved further apart) he would stay in the trade and then get out when the next bar was less than the previous one. Or he would go short if the rising bars then had a bar that was lower than the previous one signaling a change in momentum.
 
Mountain Time...

It's lunch time in New York City and the market is in its holding
pattern? From 9:30 Mountain Time to at least 11:00 Mountain
Time the market is in the chop zone. Before and after it's not bad
but right now I don't see any buy/sell signs.

So how's your "dog" doing? My little dog helps me trade
everyday when she wakes up from her nap.

snarlyjack
 
Quote from jack hershey:

lol....
More...

http://www.metastocktools.com/MACDH/MACDHdiverg.htm


"Regarded by Dr. Alexander Elder as the strongest signal in technical analysis,
MACD Histogram Divergence signals identify likely major turning points."




Laugh that one up old man, you forced me to google... and there's no excuse for that

ps: Is it true you mooch off your girlfriend?... is you a kept man, you got a sugar mommy big daddy? :)
 
rally?

This thing made a double top from 821-814. thats a width of 7 points so the target would be 808. I'ts made target in about 15 minutes!

The two minute macd went above zero line and failed big time!

The 10 minute was well below zero though.
 
Quote from snarlyjack:

Kinggyppo,

We might rally today. I try very hard to trade without any bias.
However, I am a "bear" at heart.

That's one of the big reasons that I trade the futures market
(YM) instead of individual stocks is that I can get short in
about 2 seconds.

In reality, I am looking for the market to break down big time
at any moment (maybe today) but I take it day by day.

snarlyjack
More...

Damn Snarly that call was right on the money!!
 
Well I ended the day up $175.00 Not a lot, but just enough to keep me out of the poor house.

But what a "battle ground". Seems to me a person had about
3 bars (2 minute chart, 6 minutes, max) to get in, make some
money and get out. Before it turned on ya.

I feel like a scalper... Hope everyone else survived it...

snarlyjack
 
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