TRADING P60

[TREND1]

Understand, it is actually simple once it is understood, but it is a little difficult until it clicks.

For the TNA and QQQ charts here is how I define each phase.

M85=MACD(85,90,1)

4 DS-Distribution - M85>0 and M85<MA10
1 MD-Mark Down - M85<0 and M85<MA10
2 AC-Accumulation - M85<0 and M85>MA10
3 MU-Mark Up - M85>0 and M85>MA10

Often when the Phase changes for just a short time and it was just a minor movement and no support or resistance was hit, I don't change the Phase.