The following is a short extract from the course "How To Trade The Futures Market", please click here Trade Futures Course for full details on how to obtain the full text, futures trading simulator along with sample data and bonus trading ebooks package.

Find: Control bar buyers bars figure sellers market look clearly trading.

The sellers won this round, but what else can we gather. Notice that the bar opened at 42 and went all the way up to 58; during this rise the buyers were clearly in control. So we can infer that during this bar control shifted from buyers to sellers. It could have been that control shifted from buyers to sellers and back again many times in this bar, we don't know; but we can conclude that buyers had control and that sellers gained control from the buyers. So we have more information, sellers won the round and they wrestled control from the buyers. This bar is sometimes called a bearish reversal bar. Look again at the previous bars (figure 11), which of these bars clearly indicate a shift in control? Action: Could we improve our trading with this new information? Try trading with Market Master, this time look to open a position when you see clear evidence of a shift in power from one side to the other and get out on a trailing stop. 37 Multiple bars (bars in the context of the chart) Can we learn more about the market when we see the individual bar in the context of what has gone before it? Look at this bar: Figure 13 Buyers have been in control from open to close. How would the significance of this bar alter if we saw it in a sequence of bars moving up or down? Examples: Figure 14 The market is trending up (figure 14) and the bullish bar suggests that the buyers are still in control and will continue to push prices higher. 38 Figure 15

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How To Trade The Futures Market

For full details about this detailed course, which includes a futures trading simulator software package complete with some sample trading data, and free trading ebook package please click here Futures Trading Course

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