Entering Trades At Pullbacks by Candy Schaap
ARTICLE SYNOPSIS ...Entering Trades At Pullbacks by Candy Schaap
When opportunities knock, tell them to come in! Here's how
pullbacks in trends offer opportunity.
Anybody who has ever bought an asset, whether it's
bonds, stocks, mutual funds, or real estate, knows
that prices go up and down. Prices fluctuate between
support and resistance most of the time.
This is information that technical analysts use for trend trading and countertrend trades. A countertrend trade is
also known as a scalp trade. As price moves back to support
in an uptrend, or up to resistance in a downtrend, there is an
opportunity to make m...