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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Threei who started this subject12/10/2001 4:41:38 PM
From: chris-   of 867
 
Play of the Day for Today

realitytrader.com

Today's review goes over an open break play on JDSU tha offered just under a 3 to 1 reward to risk scenario. It goes over a little psychology of trading what is in front of you as it describes this call by Vadym, that hasn't seen the market in 8 trading days, yet saw the momentum in front of him, a familiar setup and read the trade correctly, eventually leading to a nice profit for him. It just goes to the point that we don't have to know what the market is doing, only that we know how to react to whatever it does do. Have a great evening.

Chris
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