At the end of May on Members Site I speculated that MOS might be a good long based on weekly TD Setup Buy in progress
This is an old chart
Here is today's chart – DeMark did it again – price went all the way down to TD Risk Level ( around 10% below TDST) and up it went after that – producing over 50% gain.
The point is – money management shall be an integral part of all trading systems (I am really bad with that part, I was groomed by cavalry squadron :)
Current market action for position trades is not the best, but I think in few days if SPY will hold 104.60 area, there might be a long trade coming up.
It is great to see a lot of new "faces" and see how different opinions and methods coexist here – this is what TTW is for – everyone and everything…for as long as ego is contained and others are respected – keep it up gang!
