Possibly we could see something happen here near the end of the day. It should hit the buy line and we could enter there for a TP of about 30 pips and SL can be decided depending on you Money management
This is a simple strategy that is used more often in Forex. What we are looking for is a stock which has its 50 MA under the 100 MA and then the price of the stock is also below the 50 MA. Then we look for the stock %R to reach a high level like -20.0000. We now eneter for a short. As per the chart we can see that microsoft has been doing this for the last little...
Here we have a up trending stock with great potential of bouncing up. the history of the stock has proven this play. The stock has crossed under its EMA 26 and at open it may retrace up and a buy would be good as clos to the EMA 36 but at least past the EMA 26 is required for a profit.
Up trending stock, price has retraced to EMA(26) the price will bounce form here up
This is a popular clean chart recently. I believe this is the best time to trade because this pattern has proved it self and it may be less riskier to enter a little late like now and exit early. One of my favourite charts!