Members, our study this morning was very precise and useful for setting trades up in either direction-
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Welcome Traders and Continuing Students!
Our focus should be PREPARE future decisions, not to PREDICT motion. That means we allow the charts to direct us – not the other way around.
Every day is a study day, but every day is not always a trading day!
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.
Our goal is to follow regions of support and resistance in shorter cycles as the market volatility increases. Watch for higher lows and higher highs to signal continuations of long trends, and lower highs and lower lows to signal continuations of short trends. Shifting trends will cause a bit of trouble – so be alert to change in direction.
Trading is risky and you could lose more than you invest –
All suggestions for actions are simply illustrations of specific trading strategies in action. They are not, and should not be considered advice nor recommendations to buy or sell.