The T-line, a Powerful Trend Indicator

The T-line is one of the most accurate and powerful trend indicators. It is a natural support and resistance level of human nature. To ignore it dramatically reduces your capabilities of trading profitably. When you add the T line, a natural support and resistance level of human nature, to the graphics of candlesticks, the illustration of investor sentiment, the combination produces a very high probability trade strategy. The Dow broke down through a wedge pattern but more importantly, it traded back below the T line. Having the ability to recognize when the overall market trend is changing allows for the profitable positioning of a portfolio. Being prepared to close out long positions on weakness frees up investment funds to add to short positions. Candlestick signals and patterns produce high probability results, whether trading long or going short. No matter what trading system you are using, adding candlestick analysis to your chart evaluations will dramatically improve your trading. The probabilities of being in a correct trade have already been back-tested for hundreds of years from Japanese rice traders identifying what is going on in investor sentiment.
Join us next Saturday, September 18, for a full-day training on recognizing when the probabilities are going against you in a position. If you took the mini spotlight profit-taking training a few weeks ago, this will greatly improve your perceptions of when to move out of profitable trades and into new trades.

Chat session tonight at 8 PM ET. Click here to register.

Good investing,

The Candlestick Forum team