wednesday cranker

The End.

Oh before I go, just recapping some trading terminology I have gleaned from this famous thread.

1. Head and Shoulders.

Note the seductive lines, may be inverted with knees and toes.

2.Cup and handle.

One of my favourites' in fact. This fine example keeps me awake at night.

So let's explore the other end for greater insight into

market terminology.

3. Double Bottom.

Here the seasoned trader must be wary for confirmation of moves north.

4. The Whipsaw.

Often encountered once entered into to and exploit your weakness.

5. Over the shoulder Bolder holder.

Here is a fine example of chasing or placing a trade upon completion it goes against the direction you intend.
Not to be confused with the whipsaw as frustration here initiates the wrong trade.

6. Blow off top.

More than ever this signals when a trader should take the money and run.

I know this easy explanation will serve you as it has me in the wonderful world of trading.

P. Nite.