Possible long setting up with divergence on the recent price move down and fast macd, ZLC now could trigger a long...IMHO 10:27 EST post :D
Questionable short this morning for a huge (multi-points if you held) win on the fast MACD ZLC, problem is no good divergence before the move down...
Was such a perfect set-up I figured I would post a chart :D [IMG]
That was a magic short to end the day, perfect fast MACD divergance then fast MACD sliced through the zero line and gave a nice 1.50 profit on the...
Excellent Donkee, appreciate the feedback, needless to say if one can produce a consistent $1,000 per week (net after commish and fees) per...
I hear ya :D But since you have started looking at this method (think you said about 4 weeks) there have not been many losing days have there ?
That was a full winner.....only full winners I see today are both off the SLOW macd one ZLC trade morning and this last ZLR, this makes logical...
That just reversed into a long ....yup some serious chop today, long was fast macd divergence and then ZLC and slow macd ZLR...fwiw
You seeing a short here at 769 2:14 EST bar ? based off of divergence on fast macd and then ZLC ?
Some serious chop out there right now if using the fast MACD, better to just wait till after 1pm EST I assume.
Makes sense, thanks :D
Was the 766.1 short based off the fast MACD crossing back down through the zero line ? I didn't see any form of divergence before the cross...
OK thanks, Did you just get a long signal at price: 767 10:20am EST bar ? fast MACD ZLC after divergence ? Thanks :D
Hi Donkee, Thanks for the reply. Do you take ZLR on the faster MACD LBR ? or just on the slower one ? Thanks :D
Hi Donkee, I appreciate the reply but IMHO the very word 'divergence' means something is going one way and something is going in the opposite...
Donkee, I don't see the divergence on trade #3 you posted. I see a higher low on price and higher low on MACD ? Please clarify and thank you...
Thanks John and apex for your repsonses. Apex, I can't seem to get the ATR/EMA to look like yours. I don't think it will make that much of a...
Got ya, looking forward to the web link. Good night :D
John, I like this idea. Do you have a general list of important news releases that can give clues to possible trend moves ?
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