A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.
How many are following this method ?
What has been your experience ?
Share them after Mkt Hours, please🙂🙏
A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.
13 & 21 were @ 17206 & 17114
& now
13 & 21 are @ 17274 & 17182
Prices too coming down & MA coming up to meet
to generate a signal !!
13 & 21 were @ open 17206 & 17114
& now
13 & 21 are @ 17292 & 17200
Prices & MA are poised to meet
to generate a "BUY" signal !
SL for Longs remain @ 17240 (Fm "VF table")
Remember, every 15 minutes, the #movingaverages are moving up..
A simple trading system with 2 #movingaverages (13&21)
Prices are far away from MA presently.
"BUY" on "Mean reversion" to MA.
21 Sma @ 17255
Buy closer to it (17255-260)with small SL 17240.