Cycle Trading

[Duma]

I got my buy on the 10th and I use a bit of a faster chart also because I use MACD (12,26,5) and not the standard 12,26,9. I think this gives me all the speed I need. I have been using this setting for several years. Your MACD (8,13,5) is really fast.

I also looked at changing to PPO so the MACD reading would be in %, but I found that it really didn't matter. I still had to adjust my setting between SPY and SPXL charts because as one would expect the % would be higher with SPXL since it is a 3 chart. So the change did not gain me anything and so I just stayed with MACD. Maybe you will like it better.

I got a buy Fri with my BPSPX chart, so as of this morning I am 100% long again with SPY/QQQ. As you may remember all the QQQ chart (QQQ,TQQQ, BPNDX) buys came on 5/10.

For the SPY charts, the buys were
SPY and SPXL 5/18
BPSPX 5/19

The reason I added MA18 to all my charts was after I read a really god article about drawing trend lines. The author made a very convincing argument that the MA18 line gave a very good slope that usually matched the slope of a good trend line. When I added MA18 to my charts I saw that what he said was very true. So now I have another tool to help me draw my TLs. You can see that it seems to even work on the BP charts.

So on you new chart what will be your trigger?