Quick Scalp with the QID

10/28/2008 5:10 pm EST

Focus: STRATEGIES

Brian Shannon, CMT

President, AlphaTrends.net

Brian Shannon of AlphaTrends.net captures a quick scalp with the QID and mentions how level two affects his trading decisions. In the video, he shows how he uses both the five- and ten-minute charts to manage the trade and determine where potential exit points lie. He also discusses how he determines whether buyers or sellers have control of a security. Finally, he shows how he scales out of the trade to lock in profit and virtually guarantee at least a break-even trade.


QID Trade 102808 from Brian Shannon on MoneyShow.com.

Brian Shannon
www.alphatrends.net
www.technicalanalysisbook.com

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