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SM Stock Market Method

The Golden Cross Lies #shorts

TL;DR

Full video: https://youtu. be/CqNF5bqJMnw The Golden Cross Lies.

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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a trigger, a key level and momentum before a setup qualifies as a trade.

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Full transcript

1 sections

0:00The golden cross fires after most of the move is already over. Here's the filter that catches the real signal. The golden cross is a lagging average of an average. It confirms a trend that is already old. By the time it fires, you have already missed 30 to 40% of the move. I broke down what pros do instead in the full video. Link in the description.