"Ask the bulls where the bears are"

This adage seems deceptive but it's probably the most important tips to trade, if not the only one. The other tips that come close would be "ask the bears where the bulls are" ...

You'd find the answers soon here, and we'll tell you why.

Retracement is one of many strategic timing in position your trade. While a spike is difficult to anticipate, a retracement is usually follow the spike with less hectic time frame. This would open opportunities to position the trade with a better predicted profit chance.

Thus, if there is a bullish spike, the bearish downtrend would follow in retracement, and vice versa, a bearish spike ( drop ... or abyss we call it in Tradestyle ) will often followed by the bullish uptrend. Stay tuned to Tradestyle for more tips and tricks to fish more profits in the market.