MACD, MACD, MACD ...
Now you gotta be long in this market. Be ready for a strong opening today.
dkny, make sure you use 10 or 5 min. You may not see any divergence with a 60 min or it will be too late. I like the 10 min charts best
stocon, I set it to 4,16,6 and use the 10 min charts. If you dont see the waves with this time frame, change it to 5 min.
As their name imply, indicators show a possible direction. I found out that MACD works well on an intraday basis. Particularly when a stock tanks...
Not necessarily since their liquidity is high enough. You will have executions problems with volume <50K
The uptrend is over now. I closed all my positions. So many divergences took place today. Didnt enter any short positions yet.
I sold HD today. Still holding 700 shares of GE.
I am selling some. How are you doing in this market, jturner?
Nasdaq taking off. New trend forming. Cover now and keep loading up. Enjoy in 6 months!!
The trend is up! Buy, buy and buy!!!
jturner, You made money by shorting the cube. I am gonna make money by going long. Bought 500 shares today and will hold them for a while. This...
I love gaps :D
jturner, Asians markets are crashing. You're gonna make some pretty good money with your open position.
If you follow the trend, you don't care where the bottom or top is.
I like EBAY and MIK. I also get daily picks from longbulltrading.com. GS is good too but has a higher price.
If you trade index such as QQQ and DIA, swing trades are more appropriate because they move slower. With volatile stocks, daytrades are the best...
I already closed all of them. So I am not worried.
jturner, You're doing good with QQQ. I sold short AMG, AXP, and TLB and made about $800. Not too bad for a single day.:D
You're right. Wait to see if there are any follow-through. It may just be another sucker rally.
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