My advice is to simply respect the trend until that
changes. Real simple higher highs and higher lows have unfolded.
Bigger pullback will come only after trend changes
.
I also posted Goldman Sachs views below in case you're
interested.
Most importantly, follow your plan versus
prognostications.
again...that's why I like the KISS daily system - if things
magically went back into a bull, it will catch that, no guessing on
the members part, and it's been long for 5 weeks already, it will
simply follow the trend and raise stops higher over time.
and if things fall south later on, it will get out
I like systematic approaches to things. Just saying
respect the trend is a broad spectrum, doesn't tell them where to
go long or to exit
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My advice is to simply
ES tagged 3980 to the tick and reversed for over ...
Posted by steve on 30th of Nov 2022 at 09:29 pm
My advice is to simply respect the trend until that changes. Real simple higher highs and higher lows have unfolded. Bigger pullback will come only after trend changes .
I also posted Goldman Sachs views below in case you're interested.
Most importantly, follow your plan versus prognostications.
Appreciate your comment Steve. It’s
Posted by arun on 30th of Nov 2022 at 10:17 pm
Appreciate your comment Steve. It’s important to respect the market regardless of our beliefs.
again...that's why I like the
Posted by matt on 30th of Nov 2022 at 09:52 pm
again...that's why I like the KISS daily system - if things magically went back into a bull, it will catch that, no guessing on the members part, and it's been long for 5 weeks already, it will simply follow the trend and raise stops higher over time.
and if things fall south later on, it will get out
I like systematic approaches to things. Just saying respect the trend is a broad spectrum, doesn't tell them where to go long or to exit