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Alvexo - Trading the "Sweet" Spots
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When traders speak about high probability trading techniques, they refer to specific techniques and strategies that can be employed to achieve a solid edge in the market. An advantage is simply a statistically significant trade expectancy that will yield positive results when applied over a series of trades.
Each trader can choose their indicators, tools, patterns, trends, support, and resistance for decision spot and trigger roles. There is no right or wrong method, and you should pick something you like to use, which matches your trading plan and psychology.
The best opportunities are called "sweet" spots, where the strong confluence of levels exists, and wide-open space is present.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was awarded the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
Each trader can choose their indicators, tools, patterns, trends, support, and resistance for decision spot and trigger roles. There is no right or wrong method, and you should pick something you like to use, which matches your trading plan and psychology.
The best opportunities are called "sweet" spots, where the strong confluence of levels exists, and wide-open space is present.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was awarded the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.