V.L. GURIOLI

32%
Flag icon
Enter long positions in the vicinity of a rising MA. Enter short positions in the vicinity of a falling MA. Use MA to differentiate between "value trades" and `greater tool theory trades. "Most uptrends are punctuated by declines, when prices return to the EMA. When we buy near the moving average, we buy value and can place a tight stop slightly below the EMA. If the rally resumes, we'll make money, but if the market turns against us, the loss will be small. Buying near the EMA helps maximize gains and minimize risks. ...more
Come Into My Trading Room: A Complete Guide to Trading (Wiley Trading Book 146)
Rate this book
Clear rating
Open Preview