The 3Dimensional Trading Breakthrough
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Brian Schad<br />
Example #2:<br />
Same chart illustration as the one before, but take notice the 70% intra-day<br />
retracement after a pull-back was the markets first sign of renewed strength<br />
- the day before the dual signal!<br />
“A pessimist sees the difficulty in every opportunity,<br />
an optimist sees the opportunity in every difficultly.”<br />
– Sir Winston Churchill<br />
A good number of market openings will present an “Ooops” opportunity, and<br />
chances are this may be the first signal to occur. Sometimes they are reliable,<br />
sometimes they are not. One thing for sure, though…from my experiences, if an<br />
“Ooops” buy signal occurs at one price (let’s say 76.25) and the market continues<br />
higher (to a price 70% of the previous day’s range – let’s say 76.40), well, the<br />
second price of 76.40 confirmed that the “Ooops” buy signal was valid and the<br />
market is indeed cycling up.<br />
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