Here is a simple example of a historical backtested winning trading system with signals and historical performance from 2000-March 2017. This is an example of a simple trend following system using the small cap ETF $IWM. Past performance is no guarantee of future success it is the principles of trend following that make any moving […]
Trading is one of the few professional fields where anyone can go against professionals very quickly and easily by simply opening a trading account. There is no college required, no degree, or apprenticeship needed before a new trader steps up to compete in the world markets against seasoned traders and professional money managers. The 10% […]
Swing trading, breakouts, and dynamics of price movement. Chat with Traders interview with Alan Farley.
$SPY is still in a long term uptrend. $SPY remains above the short term 10 day EMA moving average. Since the gap up day $SPY is in a $239 resistance and $235 support trading range. The $SPY has had an expanding trading range The MACD remains under a bearish crossover. An RSI of 61.74 gives room […]