ETF SWING & DAY TRADING

[Little Chico]

Jon and Murray,

Gerald Appel in his book suggests using two MACD settings; one for entries and a slower one for exits. Of course, he is talking about longer term trading, than we are. Nevertheless, my analysis suggests that the 12/26/9 MACD-Histogram as per Murray's chart setup with the QT paintbars, offers a precise entry on the 6" chart. The Fast Swing chart, with the coincident cross of the 8/17/9 MACD and 14,2 Slow Stochastic offers the precise exit point on the same chart. Or so it seems.I will give you updates.

On the after day trading of NQ we have a short entry at 1221, and we are at 1218 currently.

Chico