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Just the exact opposite of Buy Rules: (1) watch for a upward trendline breakout (2)price must then be below the Onlone (3)after the downward trendline breakout, watch the lows of the candlesticks that form.
This strategy is a quick and easy way to day trade currency pairs without having to screen watch from morning til night. 3 Powerplay update. В Only in 6 out of 34 instances did the price move less than 1 as a result of an earnings announcement.
The popularity is due to the technology that gives the ordinary person access to what only brokers and investment bankers used to have access to.
This usually happens when the basis is extremely large on the far term futures contracts and the underlying asset moves up slowly.
It's for swing traders trying to fine-tune their entries and get positioned where they can take home the most money. The period selected depends on the kind of movement one is concentrating on, such as short, intermediate, or long term.
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