Sunday, 3 October 2010

Forex Day Trading - Trend trading Buying on dips and selling on rallies

Those members who have purchased our systems will quickly acknowledge that we have a fondness for trading systems that go long on dips and short on rallies. We have developed at least one system with that strategy in each of the markets we trade. In the S&P market and the Bond market we have developed more than one system that takes this preferred approach. 

The benefits of buying into an uptrend on dips and selling into a downtrend on rallies are probably obvious.

If we compare the dips and rallies approach to entering on breakouts we can see that the "dips" entry strategy allows us to enter at cheaper prices with less risk and more profit potential. That is a nice combination of benefits. In this Bulletin we will share some of our conclusions from our many hours of research on how to identify these potentially profitable opportunities. 

Read full article at TradeJuice.com

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