Summary This chapter illustrates various day trading examples. One must read charts bar by bar and look for any information that each bar is telling. At the end of every bar, most traders ask themselves, "What just took place?" With most bars, they conclude that it is just too confusing...
CHAPTER 21 Detailed Day Trading Examples This chapter provides many detailed examples of reasonable day trades that incorporate the fundamental ideas from all three books. FIGURE 21.1 T-Note 10,000-Share Chart … - Selection from Trading Price Action Re
On the 5-minute chart of AAPL above we can see that the market has begun a strong uptrend from the start of the trading day. There has been a bull channel and a breach of the bull trend line at bar 6, which has been the first pullback in the trend. Traders have probably gone lon...
Volume analysis is an extremely powerful tool for day traders, one you can build an entire trading career around. Trading volume is just the tip of the iceberg when it comes to volume analysis. If you enjoyed this post, you probably will be interested inorder flow trading. Volume analysis ...
Charting software will usually give you the option of being able to change the color of positive and negative values for additional ease of use.With the crossover of the MACD(12,26) and EMA-9 being the key trading signal, many prefer the histogram....
The meaning of HORSE TRADE is negotiation accompanied by shrewd bargaining and reciprocal concessions. How to use horse trade in a sentence.
So, if you do not partake in the world ofday trading, no worries, you will still find valuable nuggets of information in this post. Now that your expectations are set, let’s first walk through a few key concepts when using the indicator. ...
We have to predefine what we will do with the opened position. This is a very sensitive area of our trading style, as our final balance growth mainly depends on it. We have to try out and test many variations.Some basic ways are: ...
The last trading day is the final day that a futures contract can be traded or closed out.1Any contracts outstanding at the end of the last day trading day must be settled by delivery of the underlying physical asset, exchange of financial instruments, or by agreeing to a monetary settlement...
Trading psychology refers to the emotions and mental states that help to dictate success or failure in trading securities.