Replies to post #1796 on WEALTH BUILDERS TRADERS PARADISE

[Hawks_Stocks]

From the Ibox:

Best case set up for the trade MACD off the bottom of indication box setting up to cross the red signal line. ADX DI+ crossing the DI- and holding above 30 or traveling with the ADX directional strength line. Williams up breaking across the lower indication cross bar line and moving in a upward direction. Holding up above the upper bar is very strong. Bouncing above the -40 line is good. Same with RSI 5 will give direction of PPS and strength you want break to upside above the bottom cross bar line. Holding above 70 cross bar put you up in the power zone. Bouncing off 50 is good. Sell point here will fall below 70 as your MACD than setting to break down across the red signal line

[Maico501]

The F's can be tricky to play when they are relatively flat like that. Those can be the times when you try to force a trade rather than waiting for it to come to you, as Geaux says. Wait for the bigger set ups and scan other stocks for those set ups or don't play. That is my new rule for myself. I can see how you went in at that point as you were in some strong zones on several indicators, the bottom fell out on you at "the end of the day" not to mention on a Friday no doubt.

Have a look at the same chart on the FAS and see the difference. It might be a good idea to look at both charts while trading the F's against each other.