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Old 09-10-2006, 12:56 PM   #1

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Learning Price Movement

When studying price movements, can the same strategies be applied to both an uptrending market and a downtrending market?

Does anyone use different strategies when going long or short?
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Old 09-10-2006, 12:59 PM   #2

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I use different strategies for long and short setups. The markets tend to move slower when price is advancing and faster on a decline.

I find pullbacks in a uptrending market to be deeper than retracements in a downtrending market.

One example is: in an uptrending market I use a 61.8% fib setup. While in a downtrending market I use a 50% fib setup.
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Old 09-10-2006, 01:20 PM   #3

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From my observation different markets move differently. Some markets may require a different strategy for longs and shorts. Markets have personalities that reflect the personality of the traders behind it.
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Old 09-11-2006, 10:26 AM   #4

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Quote:
Originally Posted by Lisa »
When studying price movements, can the same strategies be applied to both an uptrending market and a downtrending market?

Does anyone use different strategies when going long or short?
You might find this thread relevant if you are learning to trade price action only.

http://www.traderslaboratory.com/for...s.html#post684
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Old 09-11-2006, 08:49 PM   #5

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Quote:
Originally Posted by Soultrader »
The markets tend to move slower when price is advancing and faster on a decline.
I find this true for stocks and index futures but not for real goods (commodities).
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Old 09-11-2006, 09:21 PM   #6

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Quote:
Originally Posted by carter »
I find this true for stocks and index futures but not for real goods (commodities).
Thank you for the good information
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