My main indicators are RSI(10)/%R(9)/Fibonacci Retracements/10/50/200sma averages.
My father and my uncle have traded futures, commodities, and stocks for 40 years - A combined 80 years experience. This makes my 6 years look puny, however, they have passed onto me their wisdom. Anybody who passes on the opportunity to learn from others more knowledgeable and more experienced has an incredibly hard road to climb.
Saturday, May 22, 2010
Temporary market bottom. buy these lows, sell the bounce, then short the hell out of it (using bear ETFs as your short trading vehicle - FAZ, TZA, BGZ, and FAS to go long)
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