Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. Mo06

    Mo06

    BB, OK I understand.

    It's just that I have used MA crossover in the past and had used MACD crossovers rather than crosses above/below the zero line. Of course, zero line crosses are the same as MA crossovers.

    In one of the first charts posted here by Trader28, trades are marked at both zero line crosses and MACD crossovers.

    http://i3.tinypic.com/4c97sz4.jpg


    Mo
     
    #1031     Nov 7, 2006
  2. If you are referring to those black arrows those are not trades but a proprietary indicator that he uses.
     
    #1032     Nov 7, 2006
  3. Mo06

    Mo06

    BB, I am referring to the vertical white lines on T28s chart.

    " 09-07-06 11:02 PM

    Here is the entire day on a 2 minute chart, wherever you see the vertical white line, that is the beginning of a valid trade (short or long) a few didn't go 2 points so you would have had to make a decision after 10 minutes to either scratch out for a small profit or break even. None actually failed strictly speaking but I got caught out a few times trying to anticipate the Zero Line cross, sometimes that goes your way and some days you take a haircut, but nothing too drastic, not a bad day all round except the chop at open, thats been happening a lot lately so I've been sitting it out until the reports come out"
     
    #1033     Nov 7, 2006
  4. Mo06

    Mo06

    Nice short signal on FTSE ftrs...
     
    #1034     Nov 7, 2006
  5. Nice long on YM.
     
    #1035     Nov 7, 2006
  6. You could post in #indexfutures at irc.financialchat.com. I'd guess your discussion would be welcome there.
     
    #1036     Nov 7, 2006
  7. ryank

    ryank

    I went and talked to one of my employees for a few minutes and missed out on this one, it was perfect! :mad:
     
    #1037     Nov 7, 2006
  8. rcj

    rcj

    Started at about 9:56. at least 40 pts on YM.

    edit thats ET.
     
    #1038     Nov 7, 2006
  9. Price has not closed below the 3sma since the 9:58 bar. That is a nice move.
     
    #1039     Nov 7, 2006
  10. I bought the set up at 9:45 central @ 12151 sold the bb at 12167. I was thinking that the morning breaks can go pretty good but I follow the rules and am up 15 pts.

    Might be awhile before we pullback to 10 min sma

    Buy the aussie another beer!

    Has anybody else ever seen anyone post his system in plain english before Trader28? what a guy

    how are ya guys doin?
     
    #1040     Nov 7, 2006
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