Using The Accumulation-Distribution and Money Flow Indicators To Profit In Bank Of Nova Scotia Stock (BNS) Trades

With the Canadian Stock Market Outlook remaining positive and the TSX Composite Index now past the important 13500 support level, many stocks are picking up both volume and prices.

TSX Composite Index New 2016 High

The TSX Composite Index is now at its highest level of 2016 and is showing more signs of the ability to move higher. Much of the rise of the TSX Composite Index has been on the back of the decline in the US dollar and the rise in the price of oil and other commodities.

Short Sellers Gone

Most of the Canadian Bank Stocks are recovering and short-selling is at a minimum at the present time. The majority of short sellers who did not cover at the bottom of the sell-off in January and early February have covered over the past couple of weeks which assisted in pushing Canadian Bank Stocks higher. With all the Canadian Bank Stocks working their way back toward their 52 week highs, the level of risk of assignment whens selling options for income is rising.

Accumulation-Distribution and Money Flow Technical Indicators

Two of the best technical tools to use when stocks are back pushing to their old highs are the Accumulation-Distribution and money flow indicators.

These technical indicators can tell me when to get into a stock, when to lock in my profits and when to stay away. Many investors fail to understand how these two technical tools work together and how to profit from their signals.

ScotiaBank Stock 12 Month Chart

It is these technical tools that can advise what other investors are doing, big and small, the sentiment behind the trading and what is actually happening with a stock throughout the day. All of this leads up to securing profits while protecting my capital from losses.

Considering how risky stocks can be, having this kind of information in advance of every trade can make for very profitable trading.

Bank Of Nova Scotia Stock technical trading tools Apr 14 2016

More Profits Thanks To Accumulation-Distribution and Money Flow Indicators

Today I entered another trade in Bank Of Nova Scotia Stock. The entire trade and the profit being made is thanks to the use of the Accumulation-Distribution Indicator and Money Flow indicators. They can make almost any investor profitable and show them how to protect their capital that is risked each time a trade is commenced.

This strategy article is 1600 words in length and will require 5 pages if printed. It is for FullyInformed Members.

Using The Accumulation-Distribution and Money Flow Indicators For Profits

FullyInformed Members can review the latest strategy discussion article and review the BNS Stock trade directly through this link or they can sign in to the full members site here. Non-members can join here or read about the benefits of being a member.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.