My system doesnt produce a buy signal without positive 60 min macd signal slope
for at least one day, and other conditions.
Different this time !
Started by
AChartist
, Feb 22 2008 08:30 PM
3 replies to this topic
#1
AChartist
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- Traders-Talk User
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Tim
Posted 22 February 2008 - 08:30 PM
I'm still with semibizz.
My system doesnt produce a buy signal without positive 60 min macd signal slope
for at least one day, and other conditions.
My system doesnt produce a buy signal without positive 60 min macd signal slope
for at least one day, and other conditions.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#2
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 22 February 2008 - 08:41 PM
Today's candle is not updated on this chart, but today was another day we traded within the price range the dominant candle on the chart 1/23. Now the difference today was we traded ENTIRELY inside the 1/23 candle. Look how many days we have traded in the 1/23 price range since the low was made. That is capital D - Distribution.
Here is an updated chart...There is no change in my forecast we will test last day of volume low (2251)
http://bigcharts.mar...&mocktick=1.gif
Edited by SemiBizz, 22 February 2008 - 08:44 PM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 22 February 2008 - 09:16 PM
Appreciate the volume education semibizz!
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#4
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 22 February 2008 - 11:04 PM
Mistated that, I check two 60 min macd condition, present bar being 0,
I require signal of previous bar 1>2, or bar 1>13. It catches an immediate
signal turn or the bullish divergence setup over 2 days.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
