Are you asking for trouble if you're long in today's markets?

[darkhorse70]

Thanks for the example pixel. I use to have MACD, along with a bunch of other indicators but I drove myself mad by taking all signals. Hence now I only use volume and price action.

I guess you should really understand what the indicator represents and how it works before using them haha.

 

[burglar]

... luckily ive been seeing a physiologist for my anxiety ...

How is that working for you?

 

[pixel]

Thanks for the example pixel. I use to have MACD, along with a bunch of other indicators but I drove myself mad by taking all signals. Hence now I only use volume and price action.

I guess you should really understand what the indicator represents and how it works before using them haha.

It dies help indeed, understanding what an indicator represents.

In my chart templates, I'm using very short deltas, which allows me to equate the delta(price) over delta(time) function even closer to ds/dt which, in Physics, is how velocity (first derivative of distance over time) is calculated. Multiplied by mass (or volume in the case of trading), velocity becomes momentum - which is what I keep referring to when I talk about the red line as a measure of momentum.
Along the same line of reasoning, dv/dt becomes acceleration.

Here is the transcript of a lecture I presented to a group of Brokers several years ago: http://rettmer.com.au/TrinityHome/Trinity/MACD slides.pps

 

[burglar]

... Here is the transcript of a lecture I presented to a group of Brokers several years ago: http://rettmer.com.au/TrinityHome/Trinity/MACD slides.pps

After that presentation, a chart will never look the same again!

 

[qldfrog]

thanks pixel, very interesting

 

[Julia]

How is that working for you?

I'm glad someone noticed.

 

[Wysiwyg]

Thanks wys. Unfortunately my home computer has crashed so I have to go to my dads work today or tomorrow to get a look at my charts. Either way I still feel like the indexs are close to or pushing their boundaries and any day could be its last. But my opinion really doesnt matter. Its more so what the charts are saying.

As time has passed, the support noted at thread start held strong. Gives credence to the thought that professionals are organised while the retail mob follow suit.

 

[skyQuake]

I think the thread should be titled
Re: Are you asking for trouble if you're short in today's markets?

Buy high sell higher

 

[rb250660]

Buy low - sell high. The time to be a seller is now.