Wednesday, March 28, 2007

Cancelled Crude Signal


While ER2 keeps chugging along, CL issued a very weak sell signal evidenced by the bounce off the 34 ema(mean reversion).

If I had taken the original signal on Monday I would have taken my profit at the 34 ema and put my stop at break even for the remaining half.

3 comments:

Mark said...

So the jrsx gets you out of bad murrey math trades?

Mark said...

So the jrsx gets you out of bad murrey math trades?

mezameo said...

Hi,

JRSX is good mostly for entries. The point is that the JRSX crossed back over cancelling the CL entry signal.