Thread View: cn.finance.account
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Started by Philip Birchley
Mon, 28 Aug 2006 20:08
Interested in finance? - discover how to trade
Author: Philip Birchley
Date: Mon, 28 Aug 2006 20:08
Date: Mon, 28 Aug 2006 20:08
41 lines
2942 bytes
2942 bytes
Plus funny vids at the top - you desrve a break!
(See the many changing faces of Michael J. and Karate Chump!)
OK - back to finance...
http://www.clickaudit.com/goto/?32169 -Anyone can trade using these methods by the way.
Here's an article that I've written to help.. which is
basically about Interpreting Bar Charts. -
The opening price of a daily or a weekly bar usually illustrates the amateurs' view of value.
Research has shown that opening prices very often occur near the highs or lows of daily bars. Prices tend to recoil later in the day from the extremes set early on by the buying or selling of amateurs.
The actions of professional traders are often reflected in the closing prices of daily and weekly bars. They become especially active near the close, taking profits to avoid holding positions overnight.
In bull markets (meaning markets that are going up overall) prices often hit lows on Monday and Tuesday due to profit taking by amateurs and then rally to new highs on Thursday and Friday.
In bear markets (meaning markets that are going down overall) prices often make new highs for the week on Monday and Tuesday and new lows then occur on Thursday or Friday.
Discover exciting and proven trading secrets over at
http://www.clickaudit.com/goto/?32169
You can use this article as long as the links stay intact or you use
the destination link - which is http://www.wizardtrader.com
Thanks!
Phil.
See the many changing faces of Michael J. and Karate Chump!
http://www.clickaudit.com/goto/?32169
Oh yeah - and you can win $10,000++ free. (if you dont enter you won't win though..)
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