My personal trading style is based on a method described in the 1950s by a veteran floor trader named George Douglass Taylor. The "Taylor Trading Technique" is a short-term method for trading daily price movements that relies entirely on odds and percentages. It is a method as opposed to a...
Capturing Trend Days
Trend days occur when there is an expansion in the daily trading range and the open and close are near opposite extremes. The first half-hour of trading often comprises less than 10% of the day's total range; there is usually very little intraday price retracement...