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Tuesday, March 29, 2011

Update on signals from March 28th - Did you catch this trade?

If you followed the Nutcracker system you probably cashed in on this opportunity (see picture below). I did catch it, but this happened very early in my morning... I guess a trading robot would have not missed it...

The Nutcracker system issued a buy signal when the price crossed down on the 34 EMA high. Very quickly after that price action moved in our favor. However this is regarded as a short lived upward movement as the main trend is downward and there is no major indication that it will change soon.