Bullish Crossovers on the MACD(12,26,9) - Once I have established a Long position per my rules in this post http://www.investorshub.com/boards/read_msg.asp?message_id=9450004 . My next stop will be the bullish crossover on the MACD. I will add to my long position on any pullback below the Daily NDX RSI(5) 50 until a bullish crossover occurs. Once the bullish crossover has occured, I will then watch for a trend change on the MACD. When the MACD starts to change to a flat or downward trend I will then sell all long positons and most likely initiate a short position as per above mentinoned rules.
JMHO, Lindy "Buy low, Sell high, stay with your system. If your system breaks fix it."
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.