13th_floor 724 posts msg #74471 - Ignore 13th_floor |
5/16/2009 7:24:01 PM
"hey 13th could you teach me how to trade FAZ?"
Those are Muddy's FAZ trades,not mine
|
hawkeyes002 49 posts msg #74475 - Ignore hawkeyes002 |
5/16/2009 7:35:43 PM
oh
|
Kevin_in_GA 4,599 posts msg #74487 - Ignore Kevin_in_GA |
5/17/2009 11:43:30 AM
Muddy gets into a time machine, gets all of the FAZ data for the day, then goes back to just before the market opens. He intentionally misses one trade to make it look like he is human.
What? Do you have a better answer??
|
chetron 2,817 posts msg #74494 - Ignore chetron |
5/17/2009 2:12:23 PM
LOL
|
burns1971 16 posts msg #74543 - Ignore burns1971 |
5/18/2009 7:02:59 PM
Any thoughts as to which chart to use when using WAIT FOR GREEN with FAZ? 15 minute? 30 minute? 60 minute?
|
13th_floor 724 posts msg #74544 - Ignore 13th_floor |
5/18/2009 7:20:15 PM
For me FAZ isn't a "wait for green" scalper,since it's a 3x's
What I've had very good success with is waiting for at least 3 red candles on a 15 minute chart with RSI2 needing to be under 10,then going long when the RSI2 hits above 25 on a white candle...not a bunch of plays but has been accurate with the ones that come up
|
burns1971 16 posts msg #74547 - Ignore burns1971 |
5/18/2009 9:16:49 PM
Thank you for your insight.
|
luc1grunt 622 posts msg #74548 - Ignore luc1grunt |
5/18/2009 9:31:36 PM
pull up 4 charts on heavy finnie stocks and watch for the one's correlating with faz/fas. use that with an eye on S$P momentum and you can catch nice swings. Easy to see price action that way. If 3 finnies are stalling at support/resistance, prep your faz/fas long or short. No need for anything but price and volume.
Shit, short the hell out of both, walk a way for a month and you'll make money. They both migrate to zero due to compounding and volatility makes it even faster.
Do the math.
:)
|
burns1971 16 posts msg #74587 - Ignore burns1971 |
5/19/2009 10:11:44 PM
Thanks for the price action advice.
|
karennma 8,057 posts msg #75039 - Ignore karennma |
6/5/2009 9:47:33 AM
in 4.22
|