We had a textbook Head & Shoulders chart pattern present itself on the Dow Jones index last night which offered a good trade. The Dow is a popular day trading index for US traders. Also lots of our students in the UK are working full-time and trading part-time as they build up their trading accounts […]
Head & Shoulders chart pattern on the Dow Jones | 12th April 2017 Read More »
We had a couple of great trades after a wedge chart pattern on the DAX today which I thought you may be interested in. Let me talk you through the trades and the price action. The chart above is the one minute chart on the DAX. You can see the wedge or channel encased in
Head & Shoulders chart patterns show up at the tops and bottoms of price swings and are common on most markets. Here are four Head and Shoulders patterns on the DAX that have dominated trading over the last few days. When a market is in a medium term trading range as the DAX is at the
Head & Shoulders chart patterns on the DAX | April 2017 Read More »
We are at stage 4 now in the process of Persuading and Influencing and it is time to be direct and to go for the close. The time is right now. Let’s review the first three stages briefly. We are in rapport – Stage 1. We have asked questions and handled any immediate objections –
A process for persuasion and influence – Stage 4 – Timing Read More »
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_youtube id=”LUGHHVxac9o” alignment=”center” width=”” height=”” autoplay=”false” api_params=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=””/] In the last part of this trading secrets programme we discussed how our perceptions are a brain creation, a representation of reality and
Trading Secrets – Don’t believe what you see, get to understand the rules of the game Read More »
A pullback reversal happens when a market breaks out of a zone or range, pulls back to the range and then reverses, thus confirming the breakout. We are going to look at a good example from the EUR/USD currency pair market. The chart above is a 5 minute chart and it has three moving average
Stage 3 – What is in it for me? Persuading & Influencing In this Stage 3 of Persuading and Influencing we are going to present our reasons for someone to go ahead with our suggestion. In sales this would be the stage where we demonstrate and present our product or service. In leading and managing
What is in it for me? Persuading and Influencing – Stage 3 Read More »
Today we are going to examine a big bear breakout and trend on the DAX. Most of the time recently the DAX has been in a trading range. It is very tricky making money when the market is in a trading range if you are using a strategy that relies on momentum. Reversal and countertrend
Big bear breakout & trend on the DAX | 21st March 2017 Read More »
In a fairly quiet morning of day trading on the DAX the pick of the trades was a lovely quick breakout trade. This trade netted a beautiful 20 points in just two minutes. This was a textbook breakout on the German DAX market and so serves as a good trade to discuss so that you
Bear Breakout trade on the DAX | 20th March 2017 Read More »
Persuasion & Influence Stage 2 – Handling and overcoming objections In the first part of this series we introduced a four stage process for persuasion and gaining influence. We talked about the importance of being in a position to influence and how to get into that position using a process of gaining rapport (from NLP). Having got
Overcoming objections – how to persuade and gain influence Read More »
