11/26/14

Are The Bulls Out of Breath Yet!?

YM (EMA 26)
    I did not take advantage of the bullish November, in fact, I was a victim of the bull stamped. I tried buying a few puts that did not workout in my favor. December is right around the corner, I look forward to ending the year on a high note.

    For your amusement and or entertainment, I highlighted areas on the above YM chart of where price crossed over EMA in October and November indicating a change in (short term) trend. It's too late for me now to try to get long, Murphy's law would have it be the exact moment the market retraces against me.

I will update the chart with another post when EMA is crossed (maybe in Dec or Jan); I hope to give myself a chance to participate in the next trend?

  1. The 12- and 26-day EMAs are the most popular short-term averages, and they are used to create indicators like the moving average convergence divergence (MACD) and the percentage price oscillator (PPO). In general, the 50- and 200-day EMAs are used as signals of long-term trends.
  2. Exponential Moving Average (EMA) Definition | Investopedia

    www.investopedia.com/terms/e/ema.asp
    Investopedia

11/25/14

Enjoy The Thanksgiving Holiday

 Is the market giving you plenty of opportunities that you have passed up on... is it worth trading this month?

Enjoy the holidays and save your money if the market conditions are not in line with your method.