Trigger Finger
Trigger Finger
Trigger Finger
Some things you need to know, some things dont matter, but heres The MACD Story:
Jennifer Thornburg
it, but what has been written mainly involves divergence, and buy/sell signals using the trigger line crosses, changing up the MACD settings according to stock market conditions. Trigger Finger Trade ~Start with an Advanced Hopper trading mentality. Dont forget all the stuff we learned about recognizing when to hold and when to fold. ~Use the Trigger Finger Trade when your Hopper trade is over to get the next leg up if the market it trending. ~MACD crossing over the signal line (or Trigger Line) can designate entries or exits. ~If your Hopper is taking profit based on a higher sup/res target, do not let the Trigger Exit get in your way. But when your Hopper is over the Trigger Finger setup comes into play. Trigger Finger to Sell: 1. MACD Line is already below zero. 2. MACD Line had crossed up over the Signal Line, heading toward zero, but it turns around and continues going down. 3. MACD Line crosses the Signal Line to go down Thats a Trigger Finger Sell. Trigger Finger to Buy: 1. MACD Line is already above zero. 2. MACD Line had crossed down over the Signal Line, heading toward zero, but it turns around and continues going up. 3. MACD Line crosses the Signal Line to go up Thats a Trigger Finger Buy. Profit targets Same as Hoppers: 1. 5 min charts, 5 to 15 pips. 15 min charts, 15 to 30 pips. 2. Wait for Trigger Close. Stop-Loss Same as Hoppers 1. MACD Line goes back over the trigger. 2. What you lose you have to make back. Keep an eye on price-lines.
Jennifer Thornburg