Of all the educational ideas a trader can learn, the “falling safe” concept is among the most valuable.
A falling safe can either crush you… or present you with a trading bonanza.
We’ll start this simple, but valuable, lesson with a chart…
This is a chart of crude oil from early 2007 through late 2008. See that huge, sharp decline on the right-hand side? That’s a market in crash mode. Some traders call this kind of move a “falling knife” or a “falling safe.”….. CLICK HERE for the complete article