Trading one of my Mechanical Approaches on NLY

Using one of my favorite systematic approaches, this is an illustration on how one would trade this issue – NLY .  This is a momentum based approach where one extracts dollars out of the market on issues that oscillate back and forth.  This system reverses back and forth unless you are stopped out, it is a swing trading system where you enter orders at the open.  This type of trading lets the trader focus on research or your family or other activities during the day as you are not glued to the computer screen all day. See short explanation of this approach.  I have developed an Add On for NinjaTrader and Metastock for my approaches.  Please visit my site www.teachtalktrade.com for more information.

NLY_StoRsi

 

Yours in trading,

Uncle Mike