As can be seen below, I only took one long position yesterday on AMTD. The stop is not far away and could be trigger if we have a general pull-back.
For today, i will be looking at both long and short positions. Both could work fine as far as they are entered deep enough in the Buy/Short zone.
I would remind you that the back-test results published in the link below indeed show that entering trades deeper in the respective buy/short zone in general produce good returns, independently of the 20DMF market direction model
http://www.effectivevolume.com/conte...irection-model
On the Long side, BAC and PFG look interesting. IBKR is extended here.
On the short side, all the gold silver stocks are oversold and too far from a short zone. CXW, EXPD and SQM look interesting. GAS is oversold.