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: Bar figure reversal market trend trade high bearish example clear.

This time (figure 15) the market has been trending down, and the bullish bar suggests that buyers have come in to arrest the fall and perhaps reverse the trend. So the same bar has a different significance in each case. In the first example it signifies a continuation of the trend and in the second a reversal of the trend. What about a reversal bar 39 Figure 16 The last bar (figure 16) a bearish reversal bar, suggests that an attempt by buyers to reverse the trend has failed and prices will continue lower. Figure 17 The bearish reversal bar seems much more significant (figure 17) when the market has been moving up as it indicates the possible end of the current up trend. 40 In the following example (figure 18), the market has made a clear move up and a bearish reversal bar has formed (the bar highlighted in red). This high of 5336 turns out to be the high of the day. Figure 18 Action: This time when you trade with Market Master, look for the market to make a clear move, either up or down, and look for evidence of a shift in control. You can either choose to trade aggressively and trade as soon as you identify a shift with a close stop loss; or you could be more conservative and enter a position with a stop a tick below the low, or above the high of the reversal bar. 41 Chapter 8: Volume

Previous Page

Next Page

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

If you are more interested in trading the eminis you need to review these emini - e-mini trading courses