What do I mean when I talk about chart structure and why do I think it’s so important when deciding to enter or exit a trade? I define chart structure as a slow grinding up or down trend with low volatility and no chart gaps. Many of the great trends that develop have very good chart structure with many low…
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us
Copper Futures—Copper futures in the March contract is sharply higher this Tuesday afternoon in New York reversing losses that we witnessed over the last couple of sessions up 625 points or 1.75% at 3.6270 a pound while still remaining in a bullish trend. The volatility in copper and the rest of the commodity markets is high especially at these multi-year…
TRADING THEORY–-This is an outstanding rule to understand as when a market trades limit down such as what cotton did in today’s trading session that tells you there is a high probability that prices will open lower on the open in tomorrow’s trading session as buying limit down is a fool’s game. Remember when a market closes limit down there…
You need to login to view this content. Please Login. Not a Member? Join Us
You need to login to view this content. Please Login. Not a Member? Join Us
TRADING THEORY–– If you follow this rule you will have a chance of being successful over the course of time, if you don’t follow this rule you will be sure to lose your money quickly. This rule is simple Do Not OVERTRADE EVER for this is an easy way to lose all your capital quickly. My definition of over trading…