Tuesday, March 3, 2009

Tuesday's Activity

The 3-2-1 Methodology is based on 3 Rules, 2 Patterns and 1 Indicator.






1. Rule#1 – Low Volume numbers (LV#’s) are support/resistance and should be traded as such. LV#’s stop the buying/selling and can be leaned against for trade entry. If the LV# does hold, the market should be pulled back to the next HV# in the Long Term Distribution.
2. The HV# did pulled the market to it and briefly slowed the activity.
3. The LV# at 703 stopped the market and the market retraced back to 706.
You can use these HV/LV#’s to improve trade location and improved the profitability of your trading.

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