How To Forecast Sideways Market

 

In order to successfully identify a sideways trading market, you will have to first find the levels of support and resistance. These two levels are virtual lines on the chart that seem to contain the price movement. When the chart reaches resistance it bounces down, and when it reaches support — up. - https://paxforex.com/forex-blog/how-predict-sideways-market

Comments

Post a Comment

Popular posts from this blog

What is Old Duck Head in Stock Trading | Rookie Trader Journal 23 Jun 2021 - Bought CCL

Image
There is a section in the  Moomoo app that shows the list of stocks that have met the criteria of the old duck head.  What is the old duck head? "Once the "old duck head" form is formed, it is extremely aggressive and is the best stock selection tool for short-term investors."  https://min.news/en/economy/f672f793feeba93ae4c4a177a2c176c6.html I don't understand all the articles explaining the Old Duck Head in stock trading. They all seem to be translated from Chinese. Even the words in the charts are written in Chinese. How's my purchasing power today? I can buy 1 stock using  Moomoo .  Any stocks in my  Moomoo  watchlist to buy?  C, LYG, OCGN, CAT BUY CCL at $28.40. Done.  Any stocks to add to the watch list from the  Moomoo  Heat List and Market Opportunity KDJ Golden Crossing, Bollinger Band Breakout? AIG, CCL Any tips from TraderTV Live? Microsoft Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.40.  ...
Read more

What is Moomoo Trading Commission Fee | Rookie Trader Journal 10 Jun 2021

Image
What is Moomoo Commission Fee for US market cash trading? Unlimited Commission-Free stock trading for the first 180 days. However, I still have to pay a $1 platform fee plus 7% GST. Commission fee for US market: USD 0.0049 / Share, min USD 0.99 / Order Platform fee for US market: USD 0.005 / Share, min USD 1 / Order Source:  https://support.futusg.com/en-us/topic76/h5 This is what I have to pay for buying 8 Apple shares: $1.07. How's my purchasing power today? I can buy 1 stock using  Moomoo .  Any stocks in my Moomoo watchlist to buy?  VLDR. Buy at market price. $11.65. Done. Target $12.82.  Any tips from TraderTV Live? None.   How to track medical biotech stocks, meme stocks, and penny stocks?  Moomoo   Which stock in hand can I sell? ADVM. Bought $4. Stop $3.47. Target $4.5.  METX. Bought $1.60. Stop $1.53. Target $1.90. AAPL Bought $125. Target $138. Stop at the dead fork.  VISA Bought $233.27. Target $256. Stop a...
Read more

🎯My daily stock trading habits - 4 August 2020

🎯 The objective has changed. It's not about buying and holding anymore (aka investment). Now it's about getting in and out quickly (trading). So here's my updated daily stock trading habits. Open Yahoo Finance.  Go to my watch list.  Go through every stock full chart.  Look for the Supertrend Buy signal (range YTD, interval 1D).  If Supertrend shows a buy signal, wait for the first pull-down to buy. Go through every BOUGHT stock full chart.  If Supertrend shows a sell signal, sell, otherwise, hold. Add more qualified stocks to the list. Think of PHP coding to automate all the above. What do you think? What're today's signals... Sell Valuetronics Adrian Lee The rookie trader journal
Read more