Alan Rich Trading System shows you the next movesDecember 4, 2012
The US leads and the world follows. The best way of watching what’s occurring 24 hours a day is to watch the Alan Rich Trading System on the S&P futures.
If we run up all morning in Europe then the S&P futures will move up and reflect what’s happening. The US market on its open will take its lead from the S&P futures.
If it’s given a high open like yesterday then it’s obvious that so many in the US will be given overnight profits that they will take them and we will sell off. To benefit from this we can short the Dow with our spread betting company. All the time the S&P futures goes down stay with it and hey presto yesterday was worth 120 points. (Of course fundamental reasons are also reflected in the charts at the same time and we know that the US is worrying about the fiscal cliff).
Timing of course is everything so I use my Alan Rich Trading System which looks for pivotal turning points using a special algorithm I developed after winning a 2010 trading competition.
It cuts out the noise when we aren’t sure what’s happening and gives clear real time signals to tell us when the market has turned. If you put it on a 30 min S&P futures charts then guess what it will tell you which way the market is heading during the day.
So when many might have been bullish yesterday lunchtime amongst all the noise the system was indicating to go short because a pivotal area had occurred and down the US market went for the rest of the day.
I use the Alan Rich Trading System on everything for my timing and in the mornings I also use it on the Currencies to take advantage of any moves there.
Here is the S&P futures move yesterday with the Alan Rich Trading System. The dots in the ellipses show the turning points.
If your interested in my trading system, the Alan Rich Trading System shown above, please send me an email to firstname.lastname@example.org.
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