Keep your emotions out of your trading May 5th Market Wrap-Up

Keeping your emotions out of your trading is much easier using candlestick analysis. Keeping your emotions out of your trading merely requires identifying reversal signals and then using the T line as your trend tool. The T line rule is very simple! If you witness a candlestick buy signal and a close above the T line, assume the uptrend remains in progress until you see a candlestick sell signal and a close below the T line. If you see a candlestick sell signal and a close below the T line, assume your downtrend remains in progress until you see a candlestick buy signal and a close above the T line. 2+2 analysis is merely analyzing the direction of the market indexes using the T line and then executing trades that are also trading in the same direction. You can see how the T line has been extremely effective for down trending stocks such as CVNA that has traded from $375 down to $55 because it has consistently stayed below the T line. Candlestick analysis allows you to put all the probabilities in your favor based upon simple trend analysis combinations. If you become convinced that prices do not move based upon fundamentals, that prices move based upon the perception of fundamentals, you can drastically improve your trading abilities by identifying strong price moves with high probability expectations and continue to keep your emotions out of your trading decisions. Take advantage of our two week free trial. This will give you the opportunity to see the common sense logic that moves prices.http://www.stephenbigalow.com/2-week-trial

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