Pullback And Go?
Simple pullbacks are a good place to start for a beginning trader. They are a
straightforward strategy with a few simple rules to follow.
13:55:20
Varian Semiconductor (VSEA)
is pulling back from the highs. VSEA has a TradingMarkets.com RS3 rating of
83 and an up trending ADX of 34. VSEA is trading at 24.46 down 1.61.
Â
Â
You would enter the pattern to the longside if the stock trades
Tuesday above the high of Monday’s bar on the chart above, simply placing the
stop just under the low of the same bar. Nothing to it.
If you are new to trading, or switching over to swing trading,
start here. The pattern is simple and conceptually correct, giving you an edge
you can exploit.
Until tomorrow,
Duke