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49 Swing Trading Examples
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Topic starter
16/07/2024 10:41 pm
Hey,
Comment in Pink, re: the MAG
When we first learned about MAGs, it was in the context of MTRs. So a MAG is showing that the next Reversal might be Major, if counter-trend traders have managed to close price on the other side of the MA.
Here however, we're not saying MAG might shortly cause us to BO through the MA as we've closed beyond it, no... instead we're saying price will reverse down away from the MA.
Why the difference?
Thanks!
