3309 Drysdale Ct
Edwardsville, IL 62025
There is no answer to that. Every trader needs to decide for
himself depending on your risk tolerance and holdings.
Apologies: P is for % as in Percent above 40 MA
Haven't you been listening to Matt and Steve for the last
umpteen years? T.S=Under the last higher low.
This is from the TC2000 platform. A lot of classic old traders
use it. There is also a free version avail if you google it from
freestockcharts.com I think. I do not know what PDA is...not on my
chart. Here's a free site I also use:
Doesn't have the 40 day, which for some reason is a fav of the old
That is only one data point. This is a chart of the # of NYSE
stocks trading above their 40MA. Tops are near 70.
FWIW Just as an answer; there are any number of options trading
courses that suggest buying, for example, SPX credit spreads every
Monday when the trend is up (as defined by them.) This helps the
student not have to follow a chart (or think too much.) Obviously
it works well until it doesn't. They excuse their losses by citing
and, and, but
A different view.
PMOBUYALL first red bar yesterday
Nicely done, Matt and thank you. Love those observations of
One of my trend following charts. Though sometimes a little too
Not sure the symbols they are using for this but would like
It's really nothing more than the !BINAMCSM with a 3 EMA thrown
on. and the slow STO below from the
stockcharts.com site. Nothing
Although I do like the 3EMA for shorter trends (which I
Nice work, Edz. Thanks. I use the same chart.
Not sure where I got this one, Matt. Maybe one of yours?
Too much complacency? Pardon if this was in the newsletter. Did
not get a chance t finish listening.
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