Catching the Bounce by Daryl Guppy
The successful momentum or rebound trade starts with defining the preferred buy-range. This is directly related to the behaviour of price and volatility in preceding days. Better buy-range trade planning improves the probability of success, but incorrect execution of entry strategies can increase the risk.
Guppy discusses the combinations and subtleties in these entry decisions using animated charts. Watch how the trade unfolds during the day and recognise the exact entry conditions. These methods are used by end-of-day traders who want to get a better and safer entry price. The methods are also used by intraday traders and applied to 1, 3, or 5 minute charts. Catching the rebound momentum at the correct point is essential for trading success in intraday time frames.
This dynamic presentation will teach you how to:
How to recognise a bear market recovery
How to set a sensible buy-range for the proposed entry
How to minimise risk with a better entry into momentum trades
How to minimise risk with a better entry in a rebound from support
How to interpret price activity inside the preferred buy-range
How to interpret price activity that opens outside the buy-range – is it an opportunity or an invitation to disaster?
Techniques suitable for end of day and intraday trading
Techniques suitable for long side and short side trading
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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Course Features
- Lectures 0
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 152
- Assessments Yes
