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Tuesday, 29 May 2012

A link which shows yesterdays trading tip

Hi,

The following link should show yesterdays trading tip for you. (Some people couldnt open yesterdays link).

Tip of the day (yesterday)
Yesterday gave us another reversal of a resistance area with price action giving us an S shaped entry. There are a number of different ways you can enter this trade

Entry A; Enter at the low of the bar that hit the reversal level… is aggressive and will give the biggest winners and the lowest success percentage. Worth some coaching from Tom Jitan if you wish to trade this type of entry.

Entry B; Enter, at the bottom of the High test bar, that makes the lower high. This is a medium risk, medium return entry and is hard to resist.

Entry C: Enter as the low is taken out giving us a lower low to go with our lower high. This is our highest probability, lowest return trade and in my view the professional entrance. Professionals wait longer for opportunities to confirm.

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