Connecting The Dots
One of the easiest ways to determine the trend in any market is simply to connect the dot's. In this five minute video, I explain how you can connect the dots in any market to determine its trend. I will show you three examples of connecting the dots...
1. How to determine a downtrend.
2. How to determine an uptrend.
3. How to determine when a market is making a change of direction.
One of the key components I look for is how a market closes on a Friday or the last trading day of the week. This is when traders have to decide what they want to do with their positions. It also tells you with a high degree of probability which way the market is headed for the upcoming week. I learned this trading secret on the floor of the exchange in Chicago and it is one I would like to share with you today. I feel that this technique has a lot of validity, particularly in light of today's volatile markets.
Enjoy the Video
Adam Hewison
President INO.com
1 comment:
This is a great blog and I'd like to Post a Comment
Did you hear the good news? Obama is making it better for investors already! Most investors don't realize how much money there is out there now. During economic times like this, there is more money to be had than ever. Because of the bailouts and economy, the government and lenders are bending over backwards to bail you out too as a way to jump start the economy.
Regardless of what you hear, there is people getting tons of cheap money for personal use, businesses, buy homes, pay off debt, investing, and more. These people have done the research, just like I have. Bailout is for YOU
Post a Comment