The "Flip" Trade (support and resistance changing roles)
Here is a very simple setup for new traders who want something easy, simple and efective... even a chimp can trade ¡¡
Support becomes Resistance and viceversa....
Once you have grasped the concept then you just have to make money...
One way you can time your entries is with a simple cci 0 line cross....
For exits maybe you want to take a cross of the lsma...
Trading can be as hard or as dificult you make it... make it simple, enjoy it, make money.
cheers Walter.
(example chart is a 55 Tick emini russell with : ema 100, ema34, lsma 25, cci 14, cci 6 ) charts from trademaven.
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