Testing higher levels again.
The FDAX testing higher levels today again. It is at year high now. After trying the 4670 without much momentum today the market broke it and looking into new territories. I went long with it today.
A very good article about trading vs daytrading from Stephan Vita describes his experience with daytrading. He gives also a very interesting graph in which you can see the percent of NYSE Stocks Above 50 Day Moving Average. It seems that during time this percentage nver stays long above the 80% or below the 20%. It ios now at 81%.
A very good article about trading vs daytrading from Stephan Vita describes his experience with daytrading. He gives also a very interesting graph in which you can see the percent of NYSE Stocks Above 50 Day Moving Average. It seems that during time this percentage nver stays long above the 80% or below the 20%. It ios now at 81%.
posted by Carlo Giuntoni at 4:52 PM
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