Short - Admiral Group ADM
Updated
Hi all,
I only take positions on the daily/weekly chart when trading companies as they are not open 24hr and I find my win rate is higher historically
Reasons for to go short
- moving averages or bearish
- old support is now resistance
- descending channel
- RSI is bearish
- candle on the 4th Jan 2016 broke below candle (indecision) on the 3rd Jan 2016
- stop goes above the 50 moving average
I only take positions on the daily/weekly chart when trading companies as they are not open 24hr and I find my win rate is higher historically
Reasons for to go short
- moving averages or bearish
- old support is now resistance
- descending channel
- RSI is bearish
- candle on the 4th Jan 2016 broke below candle (indecision) on the 3rd Jan 2016
- stop goes above the 50 moving average
Note
2017*
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