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Wednesday, April 3, 2019

Ride the Market Momentum - Use Intraday Trailing Stops


One Option Trading Blog https://ift.tt/2K2y2E8 Posted 9:30 AM ET - The market is moving higher after consolidating gains for a month. It has moved through major horizontal resistance and it is 2% from the all-time high. Ride the momentum, but use tight intraday stops. Any surprise favors the downside. Trade negotiations with China are going well. Officials said that 90% of the deal is in place. Implementation and enforcement are currently being negotiated. Theresa May is going to reach across the aisle to find a soft exit deal that might include a British membership in a customs union with the EU. This will not resonate with …

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