Simple Profitable Method

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

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  1. jimns

    jimns

    Ahoy down there T28!

    Straight from the TradeStation User Guide:

    "Changing the input Displace to positive number displaces the plot to the left. Changing the input Displace to a negative number displaces the plot to the right."

    Hmmm - I've got a feeling these platforms aren't displacing the same direction. Maybe the UN has an international bureau of standards that will get on this if they can ever stop fooling around with that world hunger stuff. Whatcha think?
     
    #2231     Jan 29, 2007
  2. Perhaps it's because I'm on the other side of the world... our water flushes counterclockwise you know :)
     
    #2232     Jan 29, 2007
  3. Only over 300 pages to figure out that traders were using the wrong offset.

    Its almost funny...

    Now, maybe someone will start making some money too....:)
     
    #2233     Jan 29, 2007
  4. jimns

    jimns

    Since I use TradeStation the water stays still and the toilet rotates clockwise - - very dangerous.
     
    #2234     Jan 29, 2007
  5. Actually he is new to SPM so it's hardly 300+ pages, more like 2, but dont let the facts get in the way of a good story... as for making money, we'll see what we can do for you
     
    #2235     Jan 29, 2007
  6. I discovered Austin's real secret for making money on trading, and I have been doing pretty good lately by implementing it.
     
    #2236     Jan 29, 2007
  7. jimns

    jimns

    T28

    So I'm still not sure what the entry signal was:

    at 8:38 the 2 min candle blew thru the MAT3-2 (can I call it that since I'm from up there?)

    at 8:40 the 2 min MACD crossed over above zero and was supported by the 10 min MACD.

    Also, still wondering what your exit was.
     
    #2237     Jan 29, 2007
  8. Powers?
     
    #2238     Jan 29, 2007
  9. The MACD zero line cross was already in effect at the bell so the signal was price popping above the 3SMA+2 at 8.40 after a slight pullback
     
    #2239     Jan 29, 2007
  10. jimns

    jimns

    T28

    Not up here - the MACD zlc was at 8:40. I skewed my chart a bit to the left so you can see the opening (attached).

    I'm thinking our our MACD's might be different too? I'm using 12,26,9.
     
    #2240     Jan 29, 2007
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