ETF SWING & DAY TRADING

[farooq]

Bob257,
Thanks for sharing your trade, Market is made up of many participants but some has more resources then other and they can bend it for few hours to few days but ultimately it does what it suppose to do take the path of least resistance. Today triple witch is a coin toss. I am short here but I will be on my toes @ 44.35 and personally I do not think we are going to close below 44.16 if that would be the case I will be short again, With bearish bias right now I am short with long bias.
I would like to share one simple thing here if prices are above 9 EMA on daily chart I trade with long bias and if we are below it then short bias. In my trading I gives importance to 3 day PB and 20 Day MA also. Once it is settled I am trading with NERS and my modification is 10 to 15 cents stop loss.
I hope it helps.
Good luck.
Farooq