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Inside Day - Pause in Trend

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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-09 11:46 PM
Original message
Inside Day - Pause in Trend
http://www.mysmp.com/technical-analysis/inside-day.html

"Definition of an Inside Day

An inside day is when a security trades within the high and low range of the previous day. An inside day can occur on any chart style that shows that high and low data, but it is easiest to identify with candlesticks. An inside day is a sign to a trader that the security is taking a breather from the primary trend, or is in the early stages of a counter trend move..."




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Berserker Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 08:24 PM
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1. A ton of
money can still be made even on an inside day. Best job (If you can call it a job) that I have ever had.
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-28-09 11:46 AM
Response to Reply #1
2.  I doubt we are thinking about the same things??? n/t
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Berserker Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-01-09 05:24 AM
Response to Reply #2
3. You are
correct. We were not thinking of the same thing sorry.
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