| Definitions for trading signals |
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MOC: when you see buy/sell on MOC—this means to buy/sell as close to the market closing time as possible
MR: when you buy/sell if close is above/below MR, you take the intraday high and the intraday low, (Range of the bar) and determine the median (middle) of the bar. If the signal instructs you to buy if a close is above the MR, you calculate the middle of the bar and execute accordingly. |
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| Q: |
Are there any intraday signals? |
| A: |
Occasionally the Oracle will send out intraday signals to the group and this will require action, but is very rare and only for safety and protection. |
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| Q: |
Does the Oracle trade my money? |
| A: |
Currently you will be responsible to find your broker to execute trades for you. You can give your broker direction to trade you signals accordingly, but the broker may charge more for trading the signals for you. |
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| Q: |
Do I need 60,000 to trade? |
| A: |
No, If you are going to trade 1 of the 4 , you will need 30k to trade Crude Oil, 10k to trade the Mini Dow, 10 K to trade Bonds and 10k to trade the U.S. Dollar. |
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| Q: |
What do I do if the close is too close to call? |
| A: |
You let the market close and settle and then enter correctly as the market opens in the overnight markets. All positions we trade have overnight markets which allow you to enter and exit. |
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