This Could Be Your Bread-And-Butter Strategy
Today’s column was written by Brice Wightman.
To be a successful
trader, it helps to keep it simple, and sometimes this means using
only a couple of reliable setups only. Often traders will try to use too many
different strategies and setups, and the end result is confusion — and losses.
This morning we put this setup in TradersWire:
09:43:28
Intraday Setup Alert
MedImmune (MEDI)
will trigger a News Reversal if it trades below 32.82. MEDI is up 0.28 at
33.00.
The News Reversal strategy is a good one, and many
traders use it as their bread-and-butter strategy. To find out how well it can
work,
click here. Maybe it will become part of your game plan.
Have a good afternoon.