InvestorsHub Logo
Post# of 31280
Next 10
Followers 36
Posts 6125
Boards Moderated 2
Alias Born 05/05/2014

Re: dealerschool2006 post# 30898

Thursday, 04/18/2024 9:13:20 PM

Thursday, April 18, 2024 9:13:20 PM

Post# of 31280
Your trying too hard.

You will go insane seeking to closely corelate macro 'theory' with charts, and its the charts that matter to your bank account.

The below chart should work for you without a StockCharts subscription. It will open with the most current update, but remain static while open. Open it up once a day and look at it.

First look at the bottom section to see if the black M5 has crossed above the 0.0 line. If it has not, then the NatGas bottom is not in yet, and you can go back to sleep for another day.

Once the black M5 does cross above 0.0, then its time to start watching the middle section for the daily bars to start printing above the green 9MA. Simply buy when a full bar prints above the green 9MA, and sell when a bar closes below the green 9MA.

BUY when full bar prints above 9MA, SELL when bar closes below 9MA.

The percent gain between this buy signal and sell signal will be greater when the orange 65MA in the top section is above the 0.0 line. The percent gain between buy and sell signals will be greater still when the price action is above the blue 200MA. If you ignore all the macro BS and do what this chart tells you to do, you will be profitable.

Simply wait for the chart to present buy and sell signals, and get on with your life. GLTY

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.