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Today
Traders & Investors Club Event

Elliott Wave International

The Magic Of The Trendline

As we know, most technical indicators lag the price action. Is there any alternative strategy that may be more predictive? Yes, the geometry of the market itself.

Trendlines and channels are amongst the oldest and apparently least sophisticated technical indicators. Perhaps, this is one of the reasons why trading techniques based upon them are generally unloved and ignored. 

Kevin Barry of the Traders & Investors Club discusses why trendlines and price channels are a natural occurring phenomenon that we can use to our advantage. 

When correctly interpreted, they reveal the balance of power, the eternal struggle between the bulls and bears. Which side are you on?

Note: the password for the file attachment is ticjuly2010

File Attachments: 
application/pdf icon100720_trendlines.pdf
Tags: 
Trend
Trendlines
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