TigerSoft New Service 7/18/2010
www.tigersoft.com
(C) 2010 William Schmidt, Ph.D.
TIGERSOFT DAY TRADERS' TOOL
Trade mostly with the trends of the TigerSoft Day Traders' Tools.
They usually know best when to buy with leverage and when to
sell short. They have to. They can factor their money by
four.
This is a proprietary indicator we developed. Suffice it to say
that it has been constructed to advise day traders and to observe
their actions, too. In the charts below, we use Tiger's ability
to
draw trendlines, vertical lines, place Buy and Sell arrows on the
screen and show their trading results using the next day's
opening.
To sell short, watch for uptrend-breaks in the
Day Traders' Tool
after it fails to confirm a new price high. Sell short on
subsequent
Day Traders' Tool uptrend-breaks until a new low is not confirmed
by this indicator.
To go long, watch for downtrend-breaks in the Day Traders' Tool
after it fails to confirm a new low by prices. Use it on
subsequent minor
downtrend-breaks of this indicator until a new price high is not
confirmed
by it.