This is a difficult time for trading because you have to make very fast trades and switch from long to short after the 50 sma is broken.
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In this market, I have found it helpful to wait until after the first hour of market open (10:30est) before making any major market trades. Doing so today allowed me to confirm a negative cross of the 50 and go short. It has been useful in not getting screwed many other days too
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First week usuing the system and I naturally found myself making these quick trades wondering if I’m doing it right. All 6 trades I made this week were profitable. Great start to a great system.
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