Simple Profitable Method

MACD chopping around zero line all day

fake ZLRs all over the place

 

long 772.5

 

I hope it works for you WM but we have had 2 hours of chop and now it is lunchtime, you have to factor conditions like that into your trading decisions

 

ym says up

 

question... what is MACDT3 and how is it different/ plotted ...etc

( I use Tradestation )

 

Half the stocks in the dow are red. Time for caution imo.

 

Out - 771.30

Just after the philly numbers - forgot about dat - doh!

 

real time demo trade, short er 770.70

 

Reason for trade, MACD crossover to downside, below pivot and broken through lower support point. Going for 769.70 as profit target.

Stop is 720.30 which is above recent highest resistance.

I may average more contracts if at higher resistance, obviously this is not exactly how trades are being done here, so we will see what happens.

 

canceling stop for now