Wednesday, July 7, 2010

The TSP Trend System offers another buy signal today...

Well, I've deviated from my own system the past few months. I'm still 100% C at 1067, but here is what the system has been up to.

Here are the rules, as a reminder.

Uptrend market. (Green line above red.)

Buy on a bounce off the 34ema.
Sell either at the upper BB, or when trend lines cross down.

Downtrending market. Red below green. (Current market) 
Buy on 2nd green candle following a fall below the lower BB. Sell on a touch of the 34 EMA line. 

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