Тrading diary / Position trading, Swing trading, Daily trading / Technical analysis Дневник / Практическо приложение на технически анализ / Споделяне на идеи
Mar 7, 2013
Short term update
Tomorrow is NFP... it is similar event like FOMC - the market is pushed in one direction before the news and then moves in the opposite direction. I think the indexes will squeeze several points higher and then a pullback to 1525-1530 will follow.
The system itself is for swing trading and it is still on buy. On the hourly the indexes are moving sideways and the oscillators are resetting, which means just a pause. So any move lower to support/EMA50 should be another opportunity for an long entry.
Hello Traders! I have started the Blog with the idea to concentrate on technical analysis and signals. Any questions, ideas, opinions, and comments are welcome.
Здравейте трейдъри! Стартирах блога с цел да се концентрираме върху техническия анализ. Всякакви въпроси, идеи, мнения, коментари са добре дошли.
Krasi, if it does pullback to 1530 area, will that trigger a long signal on your system?
ReplyDeleteThe system itself is for swing trading and it is still on buy. On the hourly the indexes are moving sideways and the oscillators are resetting, which means just a pause. So any move lower to support/EMA50 should be another opportunity for an long entry.
ReplyDelete