The best play of yesterday in my opinion was to be long off of the lower green line.
Today I’d like to see a breakout of the upper line (16.99) and get long into new highs, if I see entry criteria.
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Confluence is one ‘buzz word’ used so often in trading that it’s almost lost meaning. Using confluence properly can improve your bottom line and boost your expectancy. Read On…
‘Cut Your Losers’ is a natural follow-up to my previous ‘trading lore’ article. Here we have another cliché, frequently used in the game of trading and investing.
Following on from the previous post about magnetic price points in trading, it’s time to consider the opposite situation: do you know of a price level where price is likely to not go? We will call this a Repellant Price Point.
This is the first stocks update for TradingProbability.com, demonstrating what I believe to be the best opportunities at present in the FTSE100 Index.
Read On…