“Trade what’s happening, not what you think is gonna happen.” – Doug Gregory Price action trading is the process of reacting to current price to make entry, exit, and holding decisions. It is replacing opinions and predictions with valid signals. A signal is a quantified reason to enter a trade, stay in a trade, and…
Month: July 2021
Linda Raschke’s 12 Technical Trading Rules
Market Wizard Linda Raschke’s 12 Technical Trading Rules 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…