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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #74 (permalink)

Northern California
 
Trading Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,288 received

Roger's style of trading is not for everyone.........

If you are going to trade divergence you have to have an indicator or two for price to be divergent from. In Roger's case he uses a tweaked up stochastic indicator D line set to 6/5/2 AND a MACD trigger set to 5/12/9 as confirmation.

Personally, I am more of a trend trader.......and as you know the market trends less than 40 % of the time.......so it pays to be able to employ a strategy on days when the market is NOT trending.

Jeff

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