Find Your Best JOY Setup
Let's walk through what our options are in this trade setup in Joy Global (JOY). The formula for making money with my work is: Setup + trigger = trade entry. Then, manage it.
Part one of the formula is the trade setup. The setup zone we are currently testing in JOY is in the $58.33-$60.23 area. Keep in mind that these areas will always be adjusted when a new pivotal high or low is made. These levels and price relationships are dynamic, not static. Since the price has tested and held above this key zone, there are a number of ways you can trigger into the trade setup, depending on your own comfort level and risk parameters....519 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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