12 Technical Trading Commandments
- Buy the first pullback after a new high. Sell the first rally after a new low.
- Afternoon strength or weakness should have follow through the next day.
- The best trading reversals occur in the morning, not the afternoon.
- The larger the market gaps, the greater the odds of continuation and a trend.
- The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.
- The previous day’s high and low are two very important......
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