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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,680.40
(
0.20%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.06
(
-0.31%
)
Bitcoin
55,242.62
(
-3.06%
)
Post# of 42555
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ultimatepick

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Alias Born 11/15/2005

ultimatepick

Re: None

Tuesday, 01/16/2007 7:32:43 AM

Tuesday, January 16, 2007 7:32:43 AM

Post# of 42555
EUR/USD is sitting under the 55 day SMA. If we breach and close above that level today we could see this pair rally nicely as some model type accounts use this average as a pivot.

Can someone tell me what a model type account is?
This got me thinking. What moving averages and other indicators do the big dogs use? They must have stringent rules about buying and selling based on specific moving averages and other indicators.

I am on another quest to find out what the big hedge funds use as trading signals. Help is welcome.

Thanks dudes!
Ultimatepick
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