Monday, February 8, 2010

Tutorial

Below a Daily chart of AT&T.  Note six trades, of which only three were very profitable. Look deeper.  Two periods of congestion, whipsaws, back-to-back reversals.  Each time was followed by long, profitable trends that lasted weeks. 

T Daily

This the core strategy of my Trend Following Models and it applies to every time frame.  Get this concept down and these models will be very good to you.

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