trading tutorial helps trading in the commodity market and stock market

Entries and Exits - continued

Exiting a trade on a drop below a mid point

Here is a short term up trend broken by a plunge below both the mid point and the bullish trend line.

Bar 'A':

The bullish trend line and the mid point coinjoin at this point. A down bar bounces off this point.

Bar 'B':

The big down bar broke the mid point and the bullish trend line and closed at the day's low. This is very clear cut evidence to exit.

Table of ContentsPrevious
Home | Contact Us | Disclaimer | Privacy Policy | Small Investor