12/01/2010

day trading

I normally don't recommend day trading to people that I know. It takes lots of risks. But, sometimes trader can not shake off the lure of big money in short moments.
There are some sign on chart that you can highly confirm stock price movement tomorrow.




































Screenshot show today's Kospi market. You can see that price jumped up as the market starts. You could predict this jumping in high chance. One condition is needed in this case.
On 1st Dec, the long red candle spread on 5 mavg(red) and 10(black) mavg both.
This was pretty glad sign. When candle spread on two mavg, It means two large groups are ready to buy and hardly sell. You can see similar examples on 21st Oct and 1st Nov on this chart.

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