bobf - i trade on the side of momentum and either in sync or contra the overall market. When it changes/accelerates I make my moves. Review the charts and you'll begin to see the same setups long and short. Moving averages are always behind the times and hold no value for me.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.
4 comments:
nice trades big man.
thanks for great blog very inspirational.do you wait for moving avgs to cross or candles to change size before a trade?
Again thank you so much for your time and effort that you give us.
--james
bobf - i trade on the side of momentum and either in sync or contra the overall market. When it changes/accelerates I make my moves. Review the charts and you'll begin to see the same setups long and short.
Moving averages are always behind the times and hold no value for me.
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