Simple as 1-2-3

dchappy · Post by **dchappy** » Tue Jan 10, 2012 1:35 pm

Nope ..guess not ..

I'm gone again for a month or so ..family matters ..

Good luck to all ......... :smt023

dchappy · Post by **dchappy** » Tue Jan 17, 2012 1:28 am

dchappy · Post by **dchappy** » Tue Jan 17, 2012 10:08 am

pp2 · Post by **pp2** » Wed Jan 18, 2012 1:41 pm

dchappy wrote:Scalping is HARD ,,,and the older I get it seems to get even harder .

This year I am moving to a slower chart (m15 at least ) , and I will add a

horizontal line to the 1-2-3's . The goal is to catch some intra-day &

multi-day swings .

Dr . Bob taught this method many years ago in the old "woodies " club .

How & Where to set the line :

1. WAIT for the macd to make a peak

2. Find the extreme bar , and place the line at the base of the body

opposite the hi or low of the bar .

3.Enter long or short from the line as the macd trigger line shows

4. exit when trigger and histo re-cross.

5. Move the line when a new peak is formed and repeat 1. thru 4.

That's my plan ...see you next month ..good trades to all

Odd but I always thought you were a young guy? :roll:

Interesting development, would be good to see the 15 min in action.

See you in a month :wink:

dchappy · Post by **dchappy** » Thu Mar 01, 2012 12:29 pm

dchappy wrote:This is about as simple as I can break it down ..

Standard MACD for direction ,,Take longs above zero line and shorts when below .

Don't be greedy , take a few at each hook ,,There will ALWAYS be another hook .

Taking some time off..Will be back in a few months ....

Trade Well..........

Took the hook after the news........

dchappy · Post by **dchappy** » Thu Mar 01, 2012 1:46 pm

MACD remained bearish @ the news ..

potential target around 3240.....

dchappy · Post by **dchappy** » Thu Mar 01, 2012 2:24 pm

will move stop to BE in anticipation of the news....

dchappy · Post by **dchappy** » Thu Mar 01, 2012 5:50 pm

Lol..covered @ PAR ..try again tomorrow .

dchappy · Post by **dchappy** » Fri Mar 02, 2012 12:00 pm

slept in and missed london open ..

MACD still short , entered near hook , 1st tgt just hit ( was also tgt from yesterday .

dchappy · Post by **dchappy** » Fri Mar 02, 2012 12:19 pm

2nd tgt hit ,,

finished for the week .

everyone have a great weekend .