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Duma
Since I trade only TNA and TZA my main interest is your TNA P60 system.
If I got it wrong please let me know.
If making money is the goal, then why not work with Jaws and me either in public or private to learn the system.
At first I was not too happy with what you were doing, but the more I thought about it, the more I liked it. Maybe somebody else will see your board. If this is your way of learning, good for you and I hope it works. It might actually. For sure you are reading what I am posting. Good for you.
I will make more of an effort to post my thoughts as trade signals near just as I did for JAK60 yday. I want you and anyone else who reads my board to be successful.
Duma
Making money is what it is all about.
See your P60 system at the URL below
http://investorshub.advfn.com/TRADING-P60-30931/
The way you learn something is from the creator of the chart, not by setting up your own board and posting your version. I fully realize now that posting charts is all this game means to you, making money has no priority at all. Sad.
Here is the main rules and far as setup and signals.
Based on SPX
Entry After Wm AND/OR RSI come out of OS/OB cross line.
BOTH need to be in standard green zone. (between os/ob lines)
MACD and Slope in direction of trade(MACD doesnt have to xo 0)
No entry EOD,
Indicators on upper part or chart.
Once I get signal then wait until :06 and see if SPY crosses tip of signal candle. This can get subjective because if Im home i switch to 3min chart and go from there. Depending on situation I can trade signal candle close,tip of candle, or mostly I add tip of candle +20ticks on SPY.
Understand its sorta complicated, track SPX, use SPY for entry, but trade TNA.
This is not a system that can be automated. I also look at VIX, phase 60 stance and slope of line, and outside influences(FED,end of month,etc)
stops 2% and 3%for target system and then move up when possible.
I usually trade 1 posistion that takes target at 3% gain.
Other posistion will wait for opposite entry or move out of BB20 bands and then put stop at BBCL xo tip of candle
SLOW STO 89,21
RSI(15)
STOCHRSI(40)
SLOPE(20)
SLOPE(7)
MACD HIST (6,12,9)
RSI(7)
%WR(42)
MACD(85,90,24)
MACD HIST(13,34,89)
MACD(3,13,1)
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19
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Created
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04/03/16
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Premium
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