Pullback Trading by Azeez Mustapha
A few charting tools can help put price in context when classifying highs and lows. And having context for when price is relatively high or relatively low can help the trader to successfully trade pullbacks. Heres an example strategy using the concept of pullback trading.
Trading can be very complex if the trader has not adequately defined his approach to the market. An inability to read the meaning of lines formed on the chart during trading will lead to inconsistency in trading. A rules-based approach with an edge is the first step to long-term profitability ...