Dow Jones Industrial Average chart analysis ;Basic settings used ; 5, 50, & 200 days exp MA
Consider those settings a nice little simple trading system ; adding the ABC pattern to that simple system always you to "reduce" risk.
Its NOT about being right, its about mastering your emotions by adding an insurance (a system that tells you when you are wrong)
If you are following me on Twitter ; you'll notice that I added a few stocks (members of the Dow) to the list of large caps with great patterns ; KO, MCD, MSFT, IBM, DD.
Busy reading The Kirkreport.com , I urge you to bookmark his blog.
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