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Revolutionizing Investor Psychology
 
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DIA

 
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n7kon



Joined: 09 Oct 2004
Posts: 52

PostPosted: Fri Apr 08, 2005 11:39 pm    Post subject: DIA Reply with quote

If you are looking for a trading tactic that is easy to follow try the DIA. Use the MACD (12,26,9) settings and the candles. I have been doing this since last Oct, and have done very well. I use options to make the trades and do them ATM strike prices. Watch for the MACD to finish its move up or down into oversold or overbought area and then keep an eye on the candles. If you will take a chart of the DIA and draw lines vertically on every high and low you will soon see a pattern that is easy to trade.
During Nov thru Dec was a no trade time for me just did not want to chance it, plus I was working during the expiration time in both months. You will not get rich quick but it has been a very good income for me.
It has work well with my work schedule I do not need to be sitting here and watching the market every day the trend once started is easy to keep track of on the close of the day prices. Hope this helps some of you.


Have a great weekend
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tab321



Joined: 22 Jan 2005
Posts: 368
Location: Texas

PostPosted: Sat Apr 09, 2005 12:05 am    Post subject: The DIA Reply with quote

N7kon

It is always good to hear of a way that someone is using to make money. Glad to hear of your profits with this method. Thanks for posting it.

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