Special Report on
Counter-trend movements - Trends
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In our last trading lesson I did my best to acquaint you with trends and trendlines. I started by showing how the simple labeling of peaks and valleys could help you determine if a stock was in an uptrend or a downtrend. Recognizing the trend of the stock, you saw, was the key to profitable swing trading. I then introduced you to a few simple rules one should follow when drawing the trendline. These are rules I use every time I draw a trendline on a chart and they are vital for keeping me on both the right side of the market and on the right side of any ...
By Julie H. Julie Is an ex professional bank forex trader. Along with her husband Jay they have over 25 years experience trading forex at the highest level. They are also regular contributors to the forex mentor site where this article first appeared and in the forum attached to this site. The first of a series of articles that covers a brief history of Elliott Wave Theory, what it is and measures, and what it can tell you about the market that is useful in price forecasting. This article/series is intended to show you how experienced traders can use more sophisticated methods to try & ... Read More
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