Thursday, August 25, 2005 3:39:32 PM
Subject: Poor Man's 2x (v.8): UPDATE
PM2x(v.8) is still going to read short after the close.
Janet, Doc59, Ipdcb ... thanks for the information regarding options. Going to paper trade Nocona's "QQQQ/RSI 5 Hourly" with options and see how it goes.
- trade long when: 1) MACDh(5,60,40)'s 3SMA is trending up, and 2) the MACDh(5,15,10) is above the zero line
- trade short when: 1) MACDh(5,60,40)'s 3SMA is trending down, and 2) the MACDh(5,15,10) is below the zero line
*system is based on end-of-day closing charts & price (which can still be determined 15 minutes prior to the close)
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Link to this "Poor Man's 2x (v.8)" chart setup ... http://tinyurl.com/8ncg7
PM2x(v.8) is still going to read short after the close.
Janet, Doc59, Ipdcb ... thanks for the information regarding options. Going to paper trade Nocona's "QQQQ/RSI 5 Hourly" with options and see how it goes.
- trade long when: 1) MACDh(5,60,40)'s 3SMA is trending up, and 2) the MACDh(5,15,10) is above the zero line
- trade short when: 1) MACDh(5,60,40)'s 3SMA is trending down, and 2) the MACDh(5,15,10) is below the zero line
*system is based on end-of-day closing charts & price (which can still be determined 15 minutes prior to the close)
.
Link to this "Poor Man's 2x (v.8)" chart setup ... http://tinyurl.com/8ncg7
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.
Favorite Charts/Links - http://wongken96815.tripod.com/stockspage.html
"Strategy Central" board - #board-5498
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