Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Bizarre this, i bought more YM when it fell and now am up over 100 points on it. It's not something i normally do, going against the trend...i suppose it's mean reversion...I noticed that this stuff has been working this week. I may have to relook everything about how i trade, my models etc.
Markets are up for the 5th day this week as bulls reclaim there dominance....all on weaker than average volume...shhh don't say that.
Aren't you afraid that this is just a bounce from 200SMA, and now we have a bigger wave down?
What most people fail to grasp is... it's the slope of the MA that matters. A slice thru a rising long-term MA is an excellent buy. A slice thru a falling long term MA is an excellent short.
I prefer exp MA.
SS 2743.5
STOP OF 8 POINTS
STOP OF 8 POINTS
Its lunch time so yes where at the highs of the session...same thing over and over and over.....so easy making free money when you know just about everyday what's going to happen.