Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
bikefront
on 02/05/2019, 23:39:26 UTC
bike front

The dow did run back to the reversal this morning  surpassed it by 10 ticks went sideways for 30 min then sold off remainder of the day.
 35 tick stop above elected reversal of 2644.52 returned 7:1 risk /reward, covering the trade around noon-approx 255 points
Dow elected another daily R today, curious to see if we get follow through tomorrow
kinda impressed or just a fluke

https://www.screencast.com/t/JxJgGEDP5dX

Nice! I had my SPY line hit during the early morning dip, bought the low and closed for a 60% gain. Bought the dip again later on QQQ but only 16%...it later doubled in the day. Lost money on TSLA buying almost the high. Still, upped the account a few percent today. Have you ever found the Major Reversals to fail?