The two period reversal is originally taken from the 2-day reversal pattern and as the name implies this particular pattern consists of two periods. I use two periods and I apply this pattern to all securities and time frames. A period could be 1 minute or 1 month depending on the time frame you are [...]
Continue reading...Thursday, November 18, 2010
Inside days can be very profitable if traded correctly. First of all it is necessary to identify an inside day. At the close of the market you are following take a note of the high and low for that day (day two). For it to qualify for an inside day the high must be lower [...]
Continue reading...Saturday, October 30, 2010
Placing orders correctly is probably one of the most important aspects of trading. It is vital that you understand and use the correct order when you trade. Market Order This simply tells your broker to buy or sell at the current market price. This is preferable in fast market conditions or when you want to [...]
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Friday, November 19, 2010
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