Sentence examples for technical trader from inspiring English sources

Suffice to say that it is your job as a technical trader to find the one-in-ten stocks on which that indicator is predictive or, for a given security, to find the one or two indicators out of dozens available that are predictive.

The euro's more dramatic drop is a product of other factors, namely the interest of technical traders.

Most technical traders would expect the rally to continue and stop placement will vary depending on the trader's outlook and risk tolerance.

Yet, you will see technical traders proclaim the success of an indicator on even less anecdotal evidence than this on a routine basis.

A drop below $39 in the coming days will cause technical traders to watch for a move back toward the March low near $34.75.

This situation is exaggerated by the fact that seasonally light summer volume allows technical traders and programs to more easily nudge stocks in one direction or the other.

Generally, technical traders like to see a break below a trend line occur with higher than average volume, which didn't happen in this case.

Many technical traders will keep a longer-term bearish outlook on this stock, an outlook which will be strengthened in the event of a move below the $33.38 level.

If, however, you keep in mind some basic principles of scientific method, you can, in a relatively short time, become more profitable in your trading than perhaps 95% of current technical traders.

(See "The Mighty Euro" and "Europe Winces As $1.50 Breached").. "You can draw a trend line that moves up just below $1.50, with the break below you incline technical traders to go from long to short," Dolan said.

When you understand this principle of the need to validate a given indicator with sufficient data on a given security, and use it, you will instantly catapult yourself to the top 5% of technical traders in your performance, because you will be among the few who are using your indicators to scientifically generate signals instead of using your indicators to justify emotional decisions.