V. 21:9 (36-42): Daytrading The E-Mini With Point & Figure by Eugene Steele

V. 21:9 (36-42): Daytrading The E-Mini With Point & Figure by Eugene Steele
Item# \V21\C09\188STEE.PDF
Availability: In Stock

Product Description

Daytrading The E-Mini With Point & Figure by Eugene Steele

Here’s a look at how you can trade the e-mini with a classic charting technique.

Point & figure charting has been largely ignored as a tool for daytrading, but it is actually one of the most powerful techniques for successful daytrading and a major tool for new traders. Whenever I show a trader a chart, the first question I ask is, “What do you see?” One of the skills of a good trader is the ability to see something on a chart that others don’t notice. That might mean spotting simple things such as which days of the week or month act in a particular way. For example, you might try to notice the relationship of price to trend changes: Can a change in trend ever occur to the upside if the close is below the open? Can it occur on the downside if the open is above the close? If you trade the same stock in various time periods, look for consistencies. Point & figure charts can aid you in making these types of observations.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order