The trend is your friend. We have not broken any long term trends. These short term moves unravel get rich quick traders and scalpers.They are bearish and have been
What you want is not to short-term TRADE but to be a position trader. People who try to trade back and forth usually get caught up in emotions and end up losing money. What you want is to POSITION TRADE for the long-haul. Here is what happens just using the Long-term Reversals only . Sure, you leave some on the table. The important thing is to reduce the number of trades and your confidence will increase and you will actually make more at the end of the day.The exit point keeps rising as the market rises. You can use the Weekly to Exit after a long bullish run. But for now, just hang tight. (We may have the greatest trade on the century knocking on the door very soon Dow 32,000-39,000.I saw in MY day DREAMS. No transport to somebody else!!!!!!
The markets have been consolidating waiting as people are trying to figure out if this the big crash or not. The majority keep calling for the end of times. This has been the MOST hated Bull Market in history. They keep calling for the crash ever since 2009.
The markets have been consolidating waiting as people are trying to figure out if this the big crash or not. The majority keep calling for the end of times. This has been the MOST hated Bull Market in history. They keep calling for the crash ever since 2009.
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