Quasi Pattern, Price Symmetry, Highs & Lows
Main Points:
Pay attention to higher/lower lows and highs (swing points) to assess the future direction of price. A swing point is defined as: low surrounded by higher lows on each side, or, a high surrounded by lower highs on each side, though I stress you look at...
Steve W. - Independent asset manager based in New York, NY, trading foreign exchange instruments. Began trading independently in February of 2008, after leaving my job at a multi-billion dollar hedge fund based in the area. I have experience working for several large investment banks in both Asset Management and Global Foreign Exchange. This blog is an extension of my daily work, so please enjoy and I hope you find it useful. Regards, Steve (BRV)U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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