Go, long if it can show strength, as Jesse Livermore, said buy on Strength! I will be looking to go long, on two candles above the green line. (TEEMO)
Have been bouncing of support since June 2013! Just had a blue HLC crossover and broke TEEMO on the upsdie
Risk range on horizontal red line Exit on white horizontal line
Risk range based on the horizontal red support line Early stop loss entry on the white, or green MA
Designed for longs only, aims to remove lag associated by MA's
custom indicator, that aims to reduce lag associated with MA's, this on is designed to be used for short entries only
Very ranged based market the moment, It is not making higher highs or higher lows. Without some catalysts bringing in new money into the market, I can't see this jumping up quickly. But who knows.
GLD is stuck in a narrow trading range, could possibly breakout lower
TEEMO Long biased Indices Rules: Go long: When momentum indicator is BLUE, and TEEMO(white line) is below the 1MA low(thin green line) Set Stop loss on TEEMO. Adjust stop loss up as based TEEMO'S movement. On there chart there are: 10 good signals indicated by the green arrows 3 bad signals
Possible long in the future, I'd guess it could be between 3 and 12 days. Wait for stochastic to confirm, and low to move above SMITE