Thursday, April 27, 2006

Trade setups with high probabilities



Every trade should have a setup for entry. What's the premise for entrance",,,just because the chart looks good? I don't think so! You have to be aware of a number of factor before pulling the trigger. I'm putting together trade setups which the have a high probability of winning on a specific time frame for an expected amount of profit using indicators like MA's, stochastics, CCI, momentum, Elliot wave, MACD, time and sales, volume, time of the day, pairing off other equities, indices, and futures, the tick/trin/put:call ratio, and also pending news for that equity or sector it lies in and the underlying trend and major news for the day.

0 comments:

Subscribe via email

Enter your email address:

Delivered by FeedBurner

 

High Probability Trade. Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner Converted into Blogger Template by Bloganol dot com