This is PART THREE of our series on accessing THE BATTLEFIELD TERRAIN (the current market conditions) before entering a trade. PREVIOUS POSTS IN THIS SERIES: INTRODUCTION PART ONE: ACCESSIBLE TERRAIN PART TWO: PRECIPITOUS HEIGHTS According to SUN TZU, one of our 5 star generals, TEMPORIZING GROUND is defined as ground where you [...]
This is PART TWO of our series on accessing THE BATTLEFIELD TERRAIN (the current market conditions) before entering a trade. PREVIOUS POSTS IN THIS SERIES: INTRODUCTION PART ONE: ACCESSIBLE BATTLEFIELD TERRAIN PRECIPITOUS HEIGHTS: According to SUN TZU, one of our 5 star generals, PRECIPITOUS HEIGHTS is defined as ground wherein you are rested [...]
This is PART ONE of our series on accessing THE BATTLEFIELD TERRAIN (the current market conditions) before entering a trade. ACCESSIBLE TERRAIN: According to SUN TZU, one of our 5 star generals, ACCESSIBLE TERRAIN is defined as ground that is traveled with relative ease, wherein the line of supplies is to be carefully guarded (see [...]
THIS IS THE BEGINNING OF A SERIES OF POSTS WHEREIN THE CROSSHAIRS TRADER DEFINES AND EXPLAINS SEVERAL DIFFERENT MARKET CONDITIONS (BATTLEFIELDS), EACH WITH UNIQUE CHARACTERISTICS AND PROPOSED SUITABILITY FOR TRADING (COMBAT). INTRODUCTION: THE CROSSHAIRS TRADER makes trading decisions (i.e. decisions to enter the battlefield) based on several factors, one of which is the condition of the [...]
5 STAR GENERAL: a well known, successful trader or a renowned author whose writings provide a greater understanding of how the successful trader thinks (e.g., SUN TZU, Mark Douglas, Steve Nison, etc.) 200 TANKS: the 200 period simple moving average, can be used for support or resistance 50 TANKS: the 50 period simple moving [...]
