Replies to post #49973 on ETF SWING & DAY TRADING

[gloe]

<It missed the good long at 10:20b because the Stoc never recrossed.>

The 24 hour globex chart for NQ had a cross-recross of the full stoch on the close of the 10:10 bar. On the QQQQ, since I was up early, my chart started filling at 6 a.m., and that chart also has the cross-recoss for the long signal at the close of the 10:10 bar. It is only the 9:30-4 pm regular hours chart that doesn't show the cross-recross.

SO if you are using QT, you could set your charts to show data earlier, and you might get the signals. Even if you don't have the futures charts.

Good luck with this -- looks like a nice little method for the 5 min charts.

[Sam -- you paying attention?]

[Little Chico]

Jon,

I have sped up the MACD, as per Gerald Appel's advice regarding futures, to a 8/17/9 setting. With this, the signal is given when the MACD and Slow Stochastic 14/2 give a simultaneous signal. Larry Swing's chart is slower with the MACD so typically the slow stochastic has already given a trading signal, and you have to wait for a pull back. Sometimes it doesn't come.

Chico