Three-dimensional performance trade

Short-term traders often focus on large elements of price movements and miss important signals are located within the intra-day movement. This error is relatively temporary format forcing them to wait out the market, yet the main point of oscillation is not achieved, so that, on the basis of this broader temporal scales, enter the game. Rather than wait, traders can determine the location of good shopping facilities, determining the turn and a breakthrough model in very short periods of cyclical market movements.

Analysis of schedule works best when several temporary formats combined to identify important points of variation and breakthroughs. As soon as the short-term trader determines support and resistance on a broader scale, the profits can be obtained by predicting how the next few minutes or hours of the market behaves.

Trading on the model of a small round after a strong rally

When the market for "Intuit" slow out of the 9-month base in mid-October, few realize that this movement has become a rapid tripling of the price. Typically, short-term traders recognize dynamic rally very late in their development process. Most then engaged using a pulse of strategies to pursue a large movement. But at this stage of a wider cycle of price risk is very high. Because the market is on the parabola, traders are caught in the sharp downward movement, which freed their pockets are as fast as they are completed.

Experienced Technical analysts use the main Facing, for example, "Intuit" at around 60, signaling the beginning of the predictable environment for trade on the movement. Descending downturn creates fear and provides perfect conditions for a well-defined model and the formation of resistance support. But it is not trying to jump up in a poorly defined inputs. Be patient and wait until the set up good opportunities.

While the good sales were in the downward movement, we will focus on entering into long positions in upward trend. A large crowd always misses the opportunity to rally on strong and looking for any setback as a good entry. Our first task will be to wait for the model base and then join it. This can happen in a few minutes, but usually takes several days to emerge at the normal 15-minute or 60-minute schedule.

The appearance of a symmetrical triangle quickly determine the probable cause and a clear point of breakthrough. Please note, as our line of support bases actually violates minimum of 30 November. Markets seldom offer perfect conditions for a very short-term models. Traders must be sufficiently qualified to conduct effective trend line, based on limited and contradictory information. If we did build our good, GEO morning on December 2 will be immediately recognized as a breakthrough of this triangle and the completion of turning the model base.

The market does not give money easily. Traders who buy "Intuit" GEPe in the morning, faced with a much faster turn until noon. Pay attention to the normal turn 3rd bar just 10 minutes after the market opened. This sets the stage for traders to apply a simple strategy to break the range of 1-st hour, and seek input directly above the maximum of a turn.

The model also offers traders a secure log in as the first test GEPa morning, and at the testing grounds of double later this morning. However, those who joined in support of the grounds and then risk a large profit, if they want to retain the position to new highs. Log out of this trade on classical fluctuation just before the top of the range of the first hour and see the installation of a new trade at the break, taking into account its own merits.

The most secure log in to the break is located just minutes before the morning traffic above maximums. But as a trader know when to buy? With seasoned eye detects little effect "cups" the high bar just before the break. Morning model reveals a secret here, leaving the nimble trader 2-3 minutes to quietly enter the market. Also pay attention to the small ascending triangle immediately above the point of breakthrough. New breakthroughs are usually made at the break 4-6 in front of the bars falls in the high pulse plug.

The next morning opened with a good opportunity for traders. It takes a very strong demand to break the upward trend line of the price channel. For this reason, the channel breaks often create very high price bars immediately after the initial signal. Please note any momentum after the breakthrough followed the first 30 minutes of trade. This leaves a very small window for the trader to successfully enter the market.

Cycles of model "Intuit" changing places in the schedules of different time formats. If you become lazy and just concentrate on a single segment of the market, your level of II-th screen can highlight breakthrough, but you do not understand the source or the reason for this. Without proper information, the chances are increasing in the direction that you jump into the market at the wrong time and will buy or sell at the top of the base.

Experienced traders know when to stand aside. As the "Intuit" close to 60, long positions are very dangerous. But after a strong pulse of motion of opening, we should not expect another long kick after a short recoil? At this point, our strategy relies on a broader series of models to ensure that our landmark. In retrospect, we realize that the price back to the beginning of the initial turn and stands directly on a potential double top. Experienced traders will never buy at the double top.

However, we must also not stand in a short position at this level, as well as upward trend remains intact. My best tactic would be to take a break and let the market tell us what will happen next. After the session, "Intuit" creates a narrow flag consolidation. Here at the end of the week, a 60-minute schedule resembles the classic model of "cup with handle.

Now we need to buy or sell? Let's wait for Monday and see what the market tells us to do. Three-dimensional performance trade

Forex Magazine
based on www.hardrightedge.com