| Leading Pullback Setups For October 6 |
| By Pullback Trader |
Published
10/5/2015
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Stocks
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Unrated
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Leading Pullback Setups For October 6
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
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Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
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Dave Mecklenburg is the Publisher of TigerSharkTrading.com.
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