We published this trading rule on our blog almost 8 months ago, February 10 to be exact. You can look it up if you wish. With gold making all time highs on Friday, it seems like the perfect candidate for this rule. Just remember, there are no guarantees in trading and you want gold to close at or near its highs for the day.
I learned this rule over 3 decades ago in the markets from a low-key trader named Bill. Using his special trading technique, Bill made millions and millions of dollars from his office. The best part is that this technique is still working more than 30 years after it was taught to me and why I insist on sharing it with as many traders as possible.
Bill didn't even have a name for this killer trading technique and so I named it, "The 52-week new highs on Friday rule". Continue reading "A Perfect Weekend for "The 52-week new highs on Friday rule""
As Adam says, the markets are only going to do one of three things: go up, go down, or move sideways and it’s really that simple.
