Position Trading Problem

A Position Trading problem: We have a hard time getting a feel for what’s going on underneath the market and that’s because each of the bars on the daily chart represents an entire day’s activity. We can surmise that, say, on a day like today, the market opened near the low, rallied to the high, and then fell off slightly. But a lot of times, we can’t say for sure what happened and we can’t really get a good idea of what the market momentum might be either. In the case of the 2007 September Australian dollar, we can see that the market has recovered from a down trend and it’s made a rather large pull back move:

Optimization WordPress Plugins & Solutions by W3 EDGE