Daily signals #ETF 2015 – 04- 04/10
Thought of the day: “Get your facts first, then you can distort them as you please”, Mark twain
- Great traders are not smarter, they have smarter trading habits
- Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
- Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
- Volatility Channels (Horizontal dotted lines) : 1 Average True Range (ATR) away from the swing
- #X%: this is the distance from the opposite Volatility Channel. For example, in a bullish trend, it would be the distance from the swing low. It can be inetrpreted as a rudimentary 1% equity at risk bet sizing
- Disclaimer: this is neither a solicitation, nor an investment advice
If You are interested in short-selling, trading systems, position sizing, trading psychology, visit us at: www.alphasecurecapital.com
GLD Bullishs Weakness 2015-04-10.png Reversal of bearish strength earlier this month
EWM Bearish Strength 2015-04-10.png
EPP Bearish strength
XHB Bullish weakness
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