There used to be a bumper sticker in the 70's that read like this, (Ca$h, grass or ass) nobody rides for free. That being said, It takes years of observing price movements and indicator reading before you can get even a glimmer of an idea of how markets work and for many others longer. By definition Bull represents a male bovine animal and a word that represents non-sense. Moving averages are momentum based, so, using your own words what do you think it means when one moving average crosses another?
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NQ Paper Trade Journal
- Thread starter A2x2
- Start date
There used to be a bumper sticker in the 70's that read like this, (Ca$h, grass or ass) nobody rides for free. That being said, It takes years of observing price movements and indicator reading before you can get even a glimmer of an idea of how markets work and for many others longer. By definition Bull represents a male bovine animal and a word that represents non-sense. Moving averages are momentum based, so, using your own words what do you think it means when one moving average crosses another?
me thinks you bought a top and me also thinks, if you watched the bars you would notice that sometimes bars will show you hints of weakness in there closing prices. maybe its time to create a personal journal and note real observations and there dates and times so that you can go back and reflect.Trade 1: Long 4804.75, Stop 4996.75, Profit-Take 4815.00 [12:24PM]