NM still holding at profit

    Posted by bravestar on 26th of Feb 2015 at 01:03 pm

    yep - now we just

    Posted by matt on 26th of Feb 2015 at 01:07 pm

    yep - now we just need the MA's to expand, could develop into a swing if that occurs

    MOving average expansion question

    Posted by bravestar on 26th of Feb 2015 at 01:29 pm

    What does "moving averages expansion" mean? do you mean go up? or separate from each other. I always get out of trades too soon so i want to clarify that.

    BTW what was that small China stock you recommended a few months ago? 

    moving average expansion - what

    Posted by matt on 26th of Feb 2015 at 01:40 pm

    moving average expansion - what Steve and I talk about all the time - for the last couple of months all the MA's have been  bunched up, (the 9 EMA, 20 MA, 50 MA), that's a time when the potential exists for a stronger move to occur - basically it's been in consolidation, so hopefully will come out and trend - when you see the 9 and 20 start to expand up and get distance away from the 50 and the 50 also start to curl up, that's expansion.  Think about it like a wave, view the MA's as waves.  then once the MA's expand, you look for them to act as support or resistance on pullbacks depending on the direction

    by the way, here's an

    Posted by matt on 26th of Feb 2015 at 01:42 pm

    by the way, here's an educational post on this, see the chart image, but more importantly please watch the video, not just you but everyone here, it's a very simple concept but powerful

    CLICK HERE to watch the video

    A good example of this

    Posted by payday on 26th of Feb 2015 at 09:34 pm

    A good example of this was in Crude oil futures today. Here is the 3 minute chart with arrows showing the expansion and the red arrow a good place to short when it tested resistance.

    here's a stock example of

    Posted by matt on 26th of Feb 2015 at 02:09 pm

    here's a stock example of MA expansion - but honestly just look at the newsletters, we point them out all the time, and AAPS is one to monitor for it as it's been basing with the saucer bottom

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!