| Hey there - happy Friday - it's me, Roger... I wanted to show you one of my favorite trend strategies that you can start applying ASAP.
One of the easiest patterns to learn and one of the first ones I teach traders is the U turn strategy.
The U Turn pattern is a short 1 day reversal away from the main trend. When the pattern is setting up it looks like the market is suddenly breaking out in the opposite direction from the trend.
You can see in this example how the stock gaps down against the trend and appears to be heading down. |
 |
|
This is a very short term trade that's designed to take advantage of stocks and other markets that are temporarily out of balance.
You need to move quickly when you see this type of pattern because they don't last very long. Make sure the breakaway gap day closes near the upper 20 percent of the trading day.
Enjoy. Roger @ WealthPress.
|
Disclaimer: Always Do Your Own Research while a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security and consult with a licensed investment professional before making an investment. Investing is inherently risky. Past performance of any trading system or methodology is not indicative of future results. Please it is very important to have a full understanding Click Here to read our Full Disclaimer
|
|
|
|
|
This email was sent to penunggangbadai.moneyblog@blogger.com by WealthPress LLC | |
|
|
|
|
0 Response to "Start trading with the "U-Turn" method..."
Post a Comment