Ed reviews this Wednesday 5 minute chart and discusses a mid-week option trade (with hedging), 127% fib levels, and discusses the oscillator in detail, including "turbo divergence".
Thank you for visiting the Rhythm blog site. What is New Era Traeer and Rhythm? It is an incredible trading system developed by Stan Moore, a 48-year veteran trader and professional money manager. The program has been improved and perfected over 17 years and involves both S&P futures trading and OEX options both weekly and monthly. Stan shows you how to make multiples of your money in as little as a few hours or overnight. View the introductory webinars for more information on this incredible trading system. Stan is available throughout the trading day to help you "earn while you learn".
Who is Stan Moore? I am 68 Years old who has been trading over 48 years. I started on Wall Street with a BBA in accounting from Notre Dame 1963. I completed my MBA in Finance from Columbia Graduate school of Business 1967. The next ten years were spent as an analyst/trader. Afterwards, President of Gabelli, where I managed money and headed firm trading for 5 years. After leaving I formed my own money management firm - Moore, Grossman & DeRose. We managed millions of dollars. I compounded money at nearly 30% a year for 10 years. I made substantial sums over these 20 years trading just about everything.
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