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The 80-20′s is a strategy we use for day trading. Many of our readers may. already be familiar with The Taylor Trading Technique which is a reference manual for swing trading. Simply stated, Taylor’s method implies that markets move with a natural rhythm that is made up of a buy day, sell day, and sell short day This pattern is further evidenced by the research done at the Moore Research Canter by Steve Moore.

Steve profiled days that closed in the top 10 percent of their range for the day. He then tested for the percentage of times the market exceeded the profiled day’s high the following day and the percentage of times it actually closed higher. His research showed that when a market closed in the top/bottom 10 percent of its range, it had a 80-90 percent chance of follow-through the next morning but actually closed higher/lower only 50 percent of the time. This implies that there is a good chance of a midday reversal.

How could a methodology be created that would profit from this reversal phenomenon? Derek Gipson, a fellow trader, noticed that the market has an even higher likelihood of reversing if the setup bar opened in the opposite end of the daily range, so we added a pre qualification that the I The Taylor Trading Technique, Gears Douglass Taylor.

Download link;
www.4shared.com/file/56769662/295e89a1/High_Probability_Short_Term_Trading_Strategies.html

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