Should I buy right now?
Whats up guys, my name is David. After some time working for a hedgefund I recently left to start trading on my own. I currently trade futures, forex, and stocks. I have also began managing private portfolios, nothing major just some clients’ accounts that I am trying build up. You guys could follow me on twitter if you like, @CapitalMadison I just made the account so that is why there are no followers yet.
This is the first time the 50-day moving average has dipped below the 200-day moving average in almost two years. I would wait until the 50-day MA crosses above the 200-day MA to trade a long position. The market has shown that the 50-day MA does not stay below the 200-day MA for a long time. I do see the market recovering, but I would wait to put on any long trades until the 50-day MA crosses the 200-day MA..
This is the first time the 50-day moving average has dipped below the 200-day moving average in almost two years. I would wait until the 50-day MA crosses above the 200-day MA to trade a long position. The market has shown that the 50-day MA does not stay below the 200-day MA for a long time. I do see the market recovering, but I would wait to put on any long trades until the 50-day MA crosses the 200-day MA..
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.