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Memphis,TN
Posts: 232 since Sep 2010
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and plots trade setups based on Divergence between Price and MACD. I trade the ES as well as a few Forex Pairs. My main trades come from divergences I look for between price and MACD. Main divergence trades come from new lows and highs that the market makes with a pattern of a Wedge at these points of which I trade the Breakouts ( Short and Long ) as long as everything " Lines Up ". I also Trade pullbacks of double & tripple tops/ bottoms with a break from these pullbacks of an descending trendline/flag for a Long and a break from these pullbacks of an ascending trendline/flag for a short with divergence on MACD confirming the Pullbacks to Tripple and double Tops & Bottoms. I am looking for recommendations from other members on here, who may have used or know of a few good and reputable developers that I could look into developing a strategy based on my trading methodology. All insight and help is greatly appreciated. Thanks again everyone - Mike To sum it all up, my main trades are Shorts at new daily highs in Price when a wedge pattern forms with a confirmation of Divergence on MACD and Longs at new daily lows in price when a wedge pattern forms with confirmation of Divergence on MACD Also trade Pullbacks to tripple and double bottoms both long and short with Divergence on MACD to confirm the Pullbacks and a break of the ascending/descending Trendlines and or Flag breaks
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