The Fed action sparked a ferocious rally in a oversold market. As noted yesterday, the Market Monitor and T2108 readings were reaching extreme levels and a reflex bounce was a distinct possibility. Only thing is such bounce from more extreme readings on Market Monitor would have been preferable. more
If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.
Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.
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You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.
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You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.
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