July 17, 2012
- in Uncategorized by schooloftrade
Trend Reversals are easy to predict with Token Prints
This morning we began
our day with most of our favorite markets moving higher, with higher-highs and higher-lows
giving us an easy price channel to use as our biggest first clue of the morning. That short-term-trend didn’t last very long because
we saw a specific price pattern that told us a full trend reversal was coming,
and we used that to hit our profit goals for the day, and making up for a slow
day on Monday.
our day with most of our favorite markets moving higher, with higher-highs and higher-lows
giving us an easy price channel to use as our biggest first clue of the morning. That short-term-trend didn’t last very long because
we saw a specific price pattern that told us a full trend reversal was coming,
and we used that to hit our profit goals for the day, and making up for a slow
day on Monday.
When
the markets are trending we are always looking for ways to trade along with
this trend, however, sometimes its very easy to spot a trend reversal coming
when you see a Token
Print.
Click
here to read the COMPLETE Live Trade Room Recap
