Basically, Sylvain is a trader on stocks, he uses the Chartist-graph base, with candlesticks a known shape by traders, as well as a bit of technical analysis and reading of order book (An order is an instruction from a customer to a broker to buy or sell on the exchange). He tries to understand the movements of short term prices, between support and resistances, or inside a channel of tendency. He searches for rebounds or breaks of tendency. Rebounds are movements between support and resistance, market price is returned from a line to other one. Break in stocks are in general followed, either by acceleration in increase, or by acceleration in fall of the stock.
http://www.swing-trade-stocks.com
http://en.wikipedia.org/wiki/Swing_trading
Saturday, April 5, 2008
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