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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: jan88/9/2022 11:21:25 AM
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The positions bought above 200DMA/40 WMA are doing very well; out of risk area. The once bought below 200DMA stopped out. Ready to buy third position on next up day.
Have not we read somewhere that bulls live above 200 DMA and bears below 200 DMA. Pull back above 200 DMA is more likely to be bought; pull up below is more likely to be sold. So what is wrong with buying only above these moving averages?
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