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Short XME
A few days ago, I published below a short XME idea, stating that it is better to wait for the XME MF to turn below the 0 level before shorting it.
[url]http://www.effectivevolume.com/showthread.php?8149-XME[/url]
We can see below that we are about there now. Hence, a short XME trade looks more interesting.
We might have to wait for one or two more days, but let's keep this trade in mind.
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Looks good to short here
Pascal
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the MF is still weak today after the fake bounce of yesterday.
I would increase the short position on a bounce to resistance if the MF is still negative.
Pascal
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The XME short is not working the way I had expected.
In such conditions, I decided to trim half of the position for a 1% loss and will see how the MF acts later in the day.
Pascal
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