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Hi Max, Jim Wilson here. I have started using
the 3x3, MACD and Stockastics combination on a 7 minute S&P chart.
When combined with thrust, I get some excellent signals that come earlier than
my standard indicators were giving me. Here I can get some quick 3-10
minute scalp trades. I look for a 3x3 cross with the trend & a sharp
angle entry on the stockastics with a MACD confirm . I only take trend trades
established by a 30 minute chart. I also have been using just the standard 3/8,
6/8 reversals off a strong trend to enter or to re-enter a trade. Works
better in a faster market.
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Max Vogt, Ph.D.
To: <A href="mailto:dlevels@xxxxxxxxxxx"
title=dlevels@xxxxxxxxxxx>dlevels@xxxxxxxxxxx
Sent: Friday, December 15, 2000 9:25
AM
Subject: [dlevels] thanks
Thanks to all of you doing posts and discussions
on dlevels. I'm on vacation until the 3 January, but vow to actively
post charts (if I can figure out how to get the bleeding things posted) and
participate more vigorously after that. I think this is a marvelous
opportunity for all of us who are working out these powerful and high
probability trades to get even better.
One thing. My trades are generally very
short term Nasdaq stocks(15 minutes to 2 hours usually--very occasionally up
to 3 days) and I am looking for 2-7 pts on a trade (at least 5 % of stock's
price), often with very good accuracy. I've got to have massive thrust
(there is that word) and obvious momentum in my setups. I'd like to add
dlevels into my trades for even more accuracy and consistency, but my general
impression so far is that the DiNapoli trading setups work much better on
longer trades of 2-5 days. What is your impression, and are others
trading very short term on highly volatile equities as well--& using
DiNapoli?
MaxTo
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