Often times when the market is in a panic selling mode or trending down in a correction, stocks fall below their fundamental values. When that happens traders need to quickly close their sell short positions with buy to cover orders and prepare to start swing trading the velocity or momentum runs that will move price up quickly over a 3-6 day average run up to net profits as the stock rebounds back into or near its previous fundamental Level.
Being able to shift from selling short to buying long takes practice and experience. It also requires more Spatial Pattern recognition Skills to enable traders to react quickly and switch trading direction. Using center line oscillators helps with this trading activity.
Being able to shift from selling short to buying long takes practice and experience. It also requires more Spatial Pattern recognition Skills to enable traders to react quickly and switch trading direction. Using center line oscillators helps with this trading activity.
Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.