YM Scalping with MACD and Fibonacci

Discussion in 'Technical Analysis' started by Lorenzo, Mar 2, 2007.

  1. Lorenzo


    This is a trading idea to scalp the YM

    The left chart has 35 ticks and the signals are generated by the MACD (Wilder) cross and divergences

    The ABC extensions help to find targets

    The right chart (15 min.) represents the overall daily picture with classic Pivot Points and ABC extension
  2. Moving Average Convergence Divergence (MACD) was created by Gerald Appel
  3. Lorenzo


    I know that my God! :p

    In that chart example I used the MACD with Wilder moving averages...not the Exponential moving averages....
  4. Lorenzo