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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Clay M who wrote (8899)	11/22/1998 9:38:00 PM
From: SE	Read Replies (1) of 44573

Clay, Yes, I am beginning to use MACD with my trades. I have seen what the divergences do to the price over the last several weeks and have a strong confidence that the MACD divergence will produce a winner, or at worst a break-even...unless all hell breaks loose. However, as you indicate, it is only one tool. On Friday I dumped cause I did not like the wild swings in the TICK. In the past when that happened with the TICK in the last hour of the day the SPOO tended to give up four or five and come back four or five and then give it up again and so on. I decided I did not want to go through those swings if they were going to happen so I got out. MACD was still solid and was all the way to the close on the five minute bars. Let's see what tomorrow brings.... -Scott

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