Replies to post #49941 on ETF SWING & DAY TRADING

[Little Chico]

Jon,

The MACD 120" NQ chart showed a crossover a day earlier than the DO, so I am watching that for the next trading signal, up.

I trade 2x a day, only because I have no other choice with the Rydex mutual funds. It keeps me out of trouble; over-trading! I have other money to buy the ETFs with, QID and QLD, and will probably use the same charts with them as I do with the mutual finds.

It looks like a 15% gain for me today. I should be a millionaire by Tax Day.

Chico

[Little Chico]

Jonr,

If you like the MACD, you might be interested in this excellent article by Larry Swing on how to use it with the Slow Stochastic to time your entries.

Chico

http://www.mrswing.com/articles/When_Two_Signals_Don_t_Confirm_Take_the_Trade_Anyway.html