Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
9 Cards in this Set
- Front
- Back
|
A ________ is a bar that moves against the trend enough to take out the prior bar's extreme |
A pullback |
|
|
any pause (including an inside bar or an opposite trend bar) in a trend's momentum should be considered to be a _________ , even though there may only be sideways action and not an actual move |
Pullback |
|
|
If the trend is strong, it might stay away from the EMA for two hours or more, but once it hits the EMA, it will likely.... |
form another With Trend setup that will lead to another new extreme, or at least a test of the old extreme. |
|
|
Although it is not worth the effort to pay attention to higher timeframe charts when trading on a 5-minute chart, it is likely that the larger 5-minute pullbacks end at 15, 30, or 60-minute, or even daily, weekly, or monthly chart points of significance like _____, __________, and __________ |
EMAs, breakout points, and trendlines. |
|
|
In a trend there will always be __________ , and they tend to get larger as the trend progresses |
Pullbacks |
|
|
Since it is easier to use a single chart for trading than to be checking multiple charts all day long, a trader has an advantage if he can see the two legs on the chart in front of him, if only by ___________ |
Inference |
|
|
A reliable sign that a pullback in a bull or in a trading range has ended is when... |
the current bar's high extends at least one tick above the high of the prior bar. |
|
|
In a sideways or downward move in a bull trend or a trading range, the first bar whose high is above the high of the prior bar is a ________, and this ends the first leg of the sideways or down move, although this leg may become a small leg in a larger pullback. |
High 1 |
|
|
Usuriieeb |
Ususbhshs |
