August 16, '04. the Technical Event Concept


There are three components that should be present for a Technical Event Concept: price level, time-of-day, and pattern fruition. When all three of these come together a tradeable swing signal is almost always at hand. On Monday, August 16, '04, all three came together nicely to call the end of one swing trend and the beginning of another. Take the course Pivots, Patterns, and Self Recognition and learn to recognize an Event Concept in time to position for intraday swing trades in the futures markets like these.