Strategy used to cover the short position once it has reached and bounced off the support level. Using this strategy the trader refrains from selling before reaching the support level and instead waits to see if the level can hold.
Related information about cover on a bounce:
- Cover On A Bounce Definition | Investopedia
The covering of a short position after it has reached and bounced off a level of support. This strategy waits for the price to move to a support level, instead of ...
- Cover On A Bounce Definition - TL - 13383
What is the definition of Cover On A Bounce ? “Cover On A Bounce” is an expression used by those who have established sell positions. TradersLaboratory ...
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Cover on a Bounce A recommendation to exit trades on a bounce out of a support level. Cover on Approach A recommendation to exit trades for profit on ...
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dead cat bounce · buy a bounce · cover on a bounce · Cramer bounce · bounced check. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
- What is cover note? definition and meaning
cover note. cover · cover on a bounce. Definition. A note written by an agent notifying the insured that his or her coverage has taken effect. Comparable to a ...
- Forex Glossary | Forex Training @ StraightForex
Cover on a bounce - A recommendation to close a trade on a bounce off an important support level. Counter currency - Refers to the second currency in any ...
- Technical Analysis Strategies | eHow.com
Cover on a Bounce. For traders who decide to short a falling stock, knowing the support level is critical. If a support level is taken out, the stock is likely to ...
- XForex Glossary beginning with C | XForex Partners
Cover on a Bounce is a term used to describe a trading style that utilizes price support levels. The trader trades once a currency has reached the support level, ...