By Micah
CEO of Wall Street io
Part 1: The 3 Steps to Improve Your Entries and Exits in only 15 Minutes a Day
PayDayCycles offer a great way to see short term trend and direction in a stock.
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If I were to narrow down the single most important thing I’ve learned about trading, it has
to be the Pay Day Cycle Framework.
What exactly is a Pay Day Cycle?
A Pay Day Cycle is a 4 to 8 day trend. Sometimes it can be a little longer, but most pay day
cycles end before the 8th day. You can use a heikin ashi chart to view PayDayCycles.
Most brokers should have Heikin Ashi Charts. We have them at WallStreet.io too.
The 3 Steps of a Bullish Reversal
Step #1 - Higher Low: Look for the low price today to be higher than yesterday's daily low.
Step #2 - Higher High: Look for the high price today to go higher than yesterday's daily high.
Step #3 - Higher High Again: Continuing to hit higher highs on the daily is a great confirmation signal.
Trading is all about getting aligned with the naturally occurring rhythms of a stock. The
easiest way to get familiar with different stocks’ cycles and immediately be able to
distinguish the Pay Day Cycle when looking at a chart is by trading a small bucket of 2 or 3
stocks.
The Pay Day Cycle Framework is a great way to analyze your favorite stocks for trading,
and when done correctly can allow you to yield stunning results.