Monday, August 25, 2014 4:32:50 PM
I added a few TA's to my chart that I posted this morning, but my daily phase definitions are an exact copy from Foot. I did change the definitions for 60min and less.
The Daily Phase is determine by MACD(85,90,24) Histogram and it relationship to zero and a MA5.
You should be able to see this on Foot's chart. I even copied his colors.
http://stockcharts.com/c-sc/sc?s=IWM&p=D&yr=0&mn=5&dy=0&id=p19821931972&a=299651374&r=839
The Daily Phase is determine by MACD(85,90,24) Histogram and it relationship to zero and a MA5.
Accumulation - MACD-H > MA5
Mark Up - MACD-H > zero
Distribution - MACD-H < MA5
Mark Down - MACH-H < zero
You should be able to see this on Foot's chart. I even copied his colors.
http://stockcharts.com/c-sc/sc?s=IWM&p=D&yr=0&mn=5&dy=0&id=p19821931972&a=299651374&r=839
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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