Examples:
This is another example of how the MTA Trading Indicators carve profits out of the Stock market:
Here we are looking at a 5 minute chart of Pozen Inc (POZN). This is what happened May 15th:
MTA day trading Indicators signal a nice up move:
1 = Shem's RSI green jelly bean. (Notice the steep angle of the jelly bean.)
2 = Shem's MACD green jelly bean.
3 = Four things happen here:
- Shem's fast MACD crosses over the average.
- Beth announces an LRS Turn3 turn up.
- Beth announces Papa John's MA turned up, and
- Beth announces Bollinger MA turned up.
As if that is not enough, notice on this next chart, at the very same time..... :
Here we have our Fib-Zone indicator. The vertical gray lines show the "zones", or areas of support/resistance. It also draws balance points. It clearly shows that price is sitting directly on top of support, and more likely to go up than down. It just started up. Assimilating that, and the above, we decide to go long.
Here is the same chart, same stock, at the end of the same session:
Notice the bullish indications as LRS Turn-3 made both a higher high and a higher low, and Papa John MA,Bollinger bands, Shem's MACD and Shem's RSI continued sloping upward, foretelling the market would go higher. (A 1,000 share trade with this trade paid for the entire Professional Trader's Package!).
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