Problem: We never know which trendline will be the right one. Should you connect the tops or the bottoms… or Now what?
Solution: Use Simple Math to validate your Trendline
Dow Jones Index Live Market: August 15, 11am EST
In this video, I am going to show you:
Step 1: Draw all the possible trendline that you can conceive of on a trading chart
Step 2: Check the ‘Mathematics Characteristic’ of the trendline. What I mean is, measure the neckline to cycle top to see if it equals to the movement of the breakout to the neckline. Eliminate the ones that are not of the same length as the movement of the breakout to the neckline.
Step 3: Now you are working with the true trendline that the market is unfolding with. Try implement other indicators on top of the True Trendline to get a bigger picture of the Trend.
Step 4: This is a MUST – Set an Effective Stop Loss, a price at which you would consider your analysis is incorrect.
Step 5: Engage in high reward low risk opportunity (low risk means when the market is close to your effective stop loss )
Here’s some of my forecast posted with a timestamp on Tradingview FX Street.com and an NFP Live trade .
#1 –I’ve made a market forecast on Dow Jones on Aug 6, 2019, posted with a timestamp on Tradingview. The red line was my prediction on the market move – the yellow section is the live market and it has just unfolded to the top as what I predicted.
#2 –I’ve made a market forecast on USD.JPY 4:1 Reward-Risk Ratio Short Call on Jul 17, 2019, posted with a timestamp on Tradingview. The red line was my prediction on the market move – and the green section was the live market.
#3 – The Mathematical Solution + My Unique Traction Trendline on How to Spot the Trade Entry with No Guesswork (a Live Example Included)
#4 – The Mathematical Solution + the Power of Financial Astrology (a Time-stamped Example Included)
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