Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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To: Dr. Stoxx who wrote (3199)	2/21/1999 10:08:00 PM
From: B. J. Barron	Read Replies (1) of 39683

tom...re exiting...i have found that macd set a 3-10-16 on five minute chart follows price fairly well and cross over down will get you out when consolidation begins,nearly at the beginning..on the entry side i will wait for a nice pull back in am esp. if macd price phase line has gone deeply below the signal line and then turns up and crosses up = nice place to enter...then stay with trend up until next cross down..works well with stocks like dell etc.

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