Replacing the TRY for another risk barometer means focus on CNY, JPY and CHF and their crosses. The ...
Trader Profile: Nick Santiago
03/05/2009 12:01 am EST
|Trading around market cycle theory is something more daytraders are watching and implementing. Once the exclusive realm of long-term investors, tracking market cycles on a variety of timeframes, including ten-minute charts, is becoming more commonplace among traders looking for quick moves in a chaotic market. In this interview, full-time trader Nick Santiago talks about how he looks for inside bars and breakout and breakdown patterns within multiple timeframes to find trading opportunities each day. He also utilizes "time count" to help determine what an ETF or individual stock will do next. Listen in as we discuss his approach to the markets and why he thinks he was able to call the current downtrend in the market before most other traders.|