Sentences with phrase «watch daily price action»
i have stop trading for a few months now, i just sit back and read your daily commentary and watch daily price action and anticipate future price.
http://www.learntotradethemarket.com/ Not exact matches
Traders can watch the 1 hour and 4 hour charts along with the daily, for price action sell signals on any rotation back up to resistance / value, in order to trade in - line with the downtrend in this market.
We can watch any short - term upside retraces for price action sell signals on the 1 hour, 4 hour or daily chart, to join the downtrend, targeting support down near 1.2000 area.
We remain bullish whilst above 1300.00 and will be watching closely this week for 4 hour or daily chart price action buy signals within this zone.
As we discussed in our members area last week, traders not already long can still watch for pull backs ideally followed by a price action buy signal on the 1 hr, 4 hr or daily charts to get long.
Watching for reversals in the MACD is also a good way to spot key reversals in a stock, and momentum reversals on a daily chart are usually a good indicator for price action for the next week or two.