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Indicators | JUN 2011
Daytrading Cup Breakouts
Entering and exiting intraday trades using precision technical trading signals has been popular with both retail and institutional traders, since it limits overnight risk exposure. The primary elements of professional daytrading include scanning for volatile breakouts during the first hour of the trading day, setting specific technical entry signals to initiate new trades, and using careful risk management to scale in and out of positions once they’re initiated. Daytrading stocks, eminis, forex, and exchange traded funds (Et fs) all require different entry and exit signals.
by Ken Calhoun
Technical Analysis of STOCKS & COMMODITIES
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