Hi Handle123,
Thanks for outlining the tips on the chart. Whats the indication that price has confirmed support. My scare is that the price is holding support for few bars might be because the buyers can push it up so i'm afraid of the price pushing below support.
Hello,
I want to test a strategy of buying 20day Highs and 52 weeks highs..
I know how to grab the H L O C from yahoo.
I need help in the formulas on calculating 20 days high and 52 week H/L
and i dont know how to write the formula to buy and sell
Preferable i like buy when it exceed...
Thanks Wide Tailz.... But here is the thing, i'm use im not looking at one factor because i losing on 9/10 break out trades...
What factors needs to line up for a good breakout trade.. I know this a long shot questions but any feed back is good.
Thanks.
Thanks Duke... Make sense.... But then again an angel of the slope can be interpreted in many ways... what other techniques should i look at when buying on breakouts
hello
im a new trader trying out the stratagy of buying on breakouts. But it seems that when i buy on break outs the price seems to go side ways .. attached is a chart that i bought on break out at 1.75 but then the price when sideways
Hi Crispy,
Im a new trader who is also buying on Higer Lows. Would you mind ellaborating on the analysis you mentioned on MFE/MAE stats and how can i use this to "accepting less on your winners than what you have coming to you"
Thanks.
Handle123, How do you make sure that these are retracement and will bounce back. Be'cos there is possibility that this might be reversal and going into a down trend
Hi All,
A newbie trader here. Currently i'm trading with a very a small balance just over $1000 to test the market. I'm not looking to make money but just to prove my analysis is correct before i deposit a large sum. I've been focussing on buying stocks when they a technical breakout. However...