Sunday, 12 June 2011

How To Use POWERTRADE levels

POWERTRADE BEARS LAST STAND POINT OF THE DAY ----- POINT WHERE BEARS WILL FIGHT THEIR LAST BATTLE FOR  THE DAY TO PUSH THE PRICE  DOWNWARDS

POWERTRADE  TREND DECIDER OF THE DAY ---- THE FOCAL POINT WHICH WILL DIFFERENTIATE BETWEEN BULLS AND BEARS


POWERTRADE  BULLS LAST STAND POINT OF THE DAY ------- POINT WHERE BULLS WILL FIGHT THEIR LAST BATTLE FOR THE DAY TO PULL THE PRICE UPWARDS


The prices will find an equal battling ground exactly @ POWERTRADE  TREND DECIDER OF THE DAY POINT .
As long as Prices are above the POWERTRADE  TREND DECIDER OF THE DAY POINT Long Trades will find safety till POWERTRADE  BEARS LAST STAND POINT where the Bears will try to suppress prices.(Ideally profit booking point). A breakout above POWERTRADE  BEARS LAST STAND POINT will give additional strength to BULLS.
As long as Prices are below the POWERTRADE  TREND DECIDER OF THE DAY POINT Short Trades will find safety till POWERTRADE  BULLS LAST STAND POINT where the Bulls will try to lift up prices.(Ideally profit booking point). A breakout below POWERTRADE  BULLS LAST STAND POINT will give additional strength to BEARS.

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