Ever have one of those days? You are about to start a live webinar on the market and you power goes out? Sometimes it can ironically lead to opportunities. When Blane Markham hit me up yesterday and let me know he had to scramble to manage a power outage, I did my best to be his stunt double for the Eye Opener market chat.

I am definitely not a trading pro but I have been in this business for a long time so I took that opportunity to share one of the tools I have picked up that have helped me repeatedly spot some great trades and grow a small trading account quite nicely. After following a ton of indicators, the one that has resonated and performed for me has been MACD Crossovers. Coupled with other indicators to confirm a move it has been a go to tool in my trading arsenal. Check out this example and some tips on how to use it effectively:

The setups we looked at show some pretty simple ways to rule out false signals and to further confirm the good signals. After we recorded it we saw the move in the AMD put jump in the direction we expected and then pull back. Definitely a set up to keep an eye on today. Hope this info is helpful!!

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily

P.S.-If you are looking for another indicator that has been crazy effective, check out Chuck Hughes’ Green Flag Indicator here.