Previous day highs and lows are known to be in the minds of traders, and are often used as reference points when making trading decisions. While there is a good chance that price may bounce at these levels, it doesn’t always do so, and can easily continue through and beyond them. How can one qualify […]
In this post, I’ll explain the method I follow when qualifying potential trading opportunities. I employ a fundamental and a technical approach which will, if followed with responsibility, honesty, courage, intelligence, and commitment, enable you to identify high-probability trading opportunities. The beginning of the day The first thing I do is look at an economic […]