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 […]
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Consistently following price and technical levels with a disciplined, objective process will generate more profits than prediction ever will — LMT978 (@LMT978) March 16, 2017 Two things I learned over time:1. Can't be in "everything"2. Don't need to.Trade less, give winners time to work. — LMT978 (@LMT978) March 17, 2017 For new traders understanding trading […]