Once you have a strategic view, everything else with regard to entries, exits and risk is about tactics, this is why I might like a position today, but not tomorrow if you aren't already in.
Here's the market pullback I was hoping to see...
QQQ 1 min with a simple Rate of Chance indicator...
The larger picture on a 5 min chart.
You'd be surprised how you can make most indicators much more effective by applying ROC to them.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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