THE BASIS OF A TRADE: A SIMPLE PLAN
What is the most likely out come given the seasonal patterns long term
in the stock mkt ????? does the mkt seem over bought or over sold at this
current juncture ????? 14 day rsi ??? were did it peak ? what day ? when
did it bottom and where ???? what are we looking for ??? DIVERGENCES !!!
we want a lower rsi with a higher daily close ( when looking for a top ).
then we want to take the close price of the dow and subtract the
0:700 pst close and add the daily and close the plot should show a price
higher or lower then the dow .
This is just a simple trading idea . There are plenty out there that work yet i find this the best way for me . Sometimes it fails as nothing is perfect yet in order to become a better trader the need to learn and discover what works best for you is what is really important.. a simple pivot system is show in the pivot system page
THIS BOOK WILL HELP YOU DEFINE YOUR PLAN
BUY YOUR INK CHEAP
THIS BOOK IS WELL WORTH THE PRICE
Copyright © 2004 Last modified: December 20, 2008