SPM discussions

MandelbrotSet · Oct 28, 2008

Quote from SoCalTrader619:

Awesome results!! Any chance you could post a chart showing some entries and exits? Keep up the good work...

They are already posted on the thread.

It's the same entries and exits ... over and over again.

Simple and Profitable.

chrisofj · Oct 28, 2008

wow I think I understood that hersey post and his charts, uh oh.

The thing is, what we doing has the word Simple in it first.....

MandelbrotSet · Oct 28, 2008

Quote from swordman:

Poor old Jack is having a break down watching SPM do everything he couldn't for others

LOL, it's absolutely hysterical that he started posting his bullshit right as the market was taking off, another huge SPM signal (Buy) was triggered, and somebody whom we had shown the details to in less than a day delivered a bigger blotter than anyone in their camp ever have!

Yet another good day for SPM, and another bad one for SCT!

(Hey Jack, how's it working out with Neoxx and the color printer)?

P.S. We went to their thread and we pwned them. They came to our thread, and we pwned them some more.

vanquish · Oct 28, 2008

What is the 3SMA +1 re entry?

Thank In Advance

IanMacQuaide · Oct 28, 2008

I'm having some problems seeing this stuff, but check out the YM at 14:18 CST. You should see an MACD cross UP, and the move goes from roughly 8660 to 8745.
Is THIS what ya'll are talking about?
thanks
Ian

GermanTrader · Oct 28, 2008

Quote from IanMacQuaide:

I'm having some problems seeing this stuff, but check out the YM at 14:18 CST. You should see an MACD cross UP, and the move goes from roughly 8660 to 8745.
Is THIS what ya'll are talking about?
thanks
Ian

Yes, because the cross up occured above the zero line. Strong buy.

Hombre · Oct 28, 2008

Quote from brownsfan019:

T28 or sword - any chance you can put a few arrows on the entries that you see? I'm almost there w/ you, just need a little more guidance.

Just a reminder, MACD lags so in reality when cross over is seen on chart, the price is already3- 4 bars ahead on the 1 min chart .
If you drop vertical line from MACD crossover you will need at least 4 bars ahead to place your trade markers.

IanMacQuaide · Oct 28, 2008

Quote from GermanTrader:

Yes, because the cross up occured above the zero line. Strong buy.

Thanks!
NOW I know what to look for.
Would anyone care to delve into the 9 and 3 SMA I'm supposed to be looking at?
I know what they are, and I"ve got them plotted, even got the 3 with a +1 offset, just not sure how I"m supposed to incorporate them into the entry setup.
????

MandelbrotSet · Oct 28, 2008

It bears repeating.

* simply reverse the concept to look for sell signals

The Voyager · Oct 28, 2008

Quote from Hombre:

Just a reminder, MACD lags so in reality when cross over is seen on chart, the price is already3- 4 bars ahead on the 1 min chart .
If you drop vertical line from MACD crossover you will need at least 4 bars ahead to place your trade markers.

It's true that MACD lags price, which is why pure price action is recommended once you get to that level. Something that has been clearly stated before in this thread.

In the meantime what he is offering is good enough until you make it to the big league.

TV