Darren Winters

Darren Winters said “Hindsight in any market is beautiful when identifying any previously formed pattern. Every trader can easily spot which candle formation caused the reversal and why the stocked stopped at this support/resistance but not the other. Unfortunately we can all be experts looking at the past but what really tells us apart are the contract notes of actual trades which we did take and how much capital each of us put at risk at the time.”

The following articles contain useful tips on “Bollinger Bands” written by Darren Winters. These articles are something defiantly not to miss.

For Darren Winters of Win Investing.

Win Investing defines a swing low as the lowest price between a down move and the following up move. Or the lowest point in between two days of consecutive higher lows either side of that day.

Image by Win Investing

These highs and lows are normally created when the price encounters strong counter demand in the market such as strong orders at areas of pervious support/resistance or sudden market news. The patterns created by swing highs and lows in comparison to each other can give a clear direction where the market is likely to go.

1. Rising peaks and troughs can be easily seen on a chart and represent a bullish trend
2. Falling peaks and troughs can represent a clear down trend
3. Peaks and troughs which are close together show congesting or consolidating markets with no clear direction.

Win Investing teaches that a new direction begins once a peak or a trough can be clearly identified. This is simple price analysis. If we now combine this with support and resistance analysis we can predict where the major order may be in the market and set out stop loss orders accordingly.

Just to conclude if we see a number of rising peaks and troughs which define an uptrend we could enter as soon as a retrecement forms a clear trough after several up days. Stop would simply be placed under the area of previous resistance which is the last trough it self.

-Win Investing

Win Investing’s latest Article articles include the topic “when does the swing begin and when does it end?”

The article, by Win Investing, includes useful information and diagrams regarding this topic and is something defiantly not to miss…

Win Investing defines the swing as a continuous movement in one direction. As trader’s expectation of companies value change due to the fluctuations of external market conditions the price moves from a movement in one direction to a movement in the opposite direction. This forms a zig zag like pattern as is illustrated by the chart below.

Predicting where the overall price is heading is a challenge for all traders but identifying the location of swing highs and lows (peaks and troughs) in comparison to each does give a good approximation and can limit risk considerably.

Win Investing defines a swing high as the highest price between and up move and the following down move. But to be more precise and to find the exact moment when the change occurs, a clear high can be defined as the highest point if on both sides we have two days with consecutive lower highs.

To be Continued..