Video 40 A, B, C & D: Entering late in Trends Flashcards
1
Q
These are examples of Minor Reversals that will lead to resumption of the bear trend. See Photo
A
2
Q
A good way to not be trapped out of a bear trend is to be Sell the Close bear
A
3
Q
A lot of institutional traders only pay attention to line charts.
A
Close is the most important price
The close is the only price visible on a line chart
Many institutions focus on line charts
Line chart only shows one price every 5 minutes. Ignores all other prices.
Only the close of the 5-minute candle is graphed
(Not really sure how all of this is important)
4
Q
This is a good series on trading in different trends. Will have to watch again.
A
