Replies to post #54175 on SPDR S&P 500 (SPY)

[GLENO34]

left...On the Monthly and Weekly QQQQ RENKO chart you still have a PSAR long signal..But the daily has two DOTS above which is a sell and Slo Stoch is back below 80 and MACD looks like it will cross on the next update??? How are you reading this?? I really like the minute charts..

[GLENO34]

I also notice that on the 15 min chart it shows the PSAR on a go long mode but on the 10 min chart is still shows the dot above the bar??? So how doest that compute??..QQQQ

[learningboutinv]

Lefty, Thanks for sharing your system, and the help in better understanding Renko. I will experiment further, but so far I like it. I will continue testing, and will probably end up using Renko for my retirement account with a small position first, since there are less signals which is great. Also, Renko sure makes is easy for you to determine where to put a stop.

For my trading account ST, 5/30min charts I am experimenting with NERS.

[bobjack]

Lefty, thanks again for all your info on your system.
How long have you used this system with the rydex funds, if you don't mind telling it?? (I know you recently switched to MVV/MZZ twins).
thanks,
bobjack