We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
Many chartists are currently harping about the big possibility that the US market is due for a big correction as they already see the three major indices; DJIA, Nasdaq & S&P 500, forming the bearish head & shoulders formation, a possible signal that the bear markets are a-comin’.
But before we go on to confirm what [...]
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B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
