Contrarian Strategy with Support and Resistance

  Especially when trading short-term time frames supports and resistances are offering chances. The market goes down towards the support (up towards the resistance) and most likely at least a litte reaction will take place. When we are trading for … Continue reading →

Intuitive Trading or Computerised Trading Program: What Works?

  In the beginning the trader, naive and unexperienced, wants to make profits by intuitive trend following. “I feel it. It has to climb further.” When the amateur starts to follow the trend, it is almost over or a sharp … Continue reading →