bernanke gives market a head job ..., page-8

Hi Farsight ... not an "sto" ... stochastic ???

I played with MACD for years until writing my own custom formula's/indicators in MS which anyone can do if prepared to burn some midnight oil.

Important to view the chart in total not just any single indicator as major turning points often relate to resistance/support along with Fib retracements. Noteworthy that I also use an EMA (also on my charts) as an intra-day trailing stop.


Cheers ... tight stops.


This is only my view ... read the red stuff.