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Words of Wisdom in Trading books - page 5

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PennySeven
347
PennySeven  
Muhammad Elbermawi:

Are you on the right side or the wrong one.



This is absolutely correct.

There is only the current trend. 

All that matters is knowing the current trend. 

PennySeven
347
PennySeven  
Muhammad Elbermawi:

"A trader should have opinions about different time frames in same market. When time frames line up it is time to trade, otherwise watch."__ Peter Brandt



Very true.

Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Chris Mukengeshayi
703
Chris Mukengeshayi  
Muhammad Elbermawi:

I think that number 3&5 have a special importance in technical analysis.


For me I think A will be a critical point in future to observe, a break bellow that signify market has change direction. B is a sign of the failure swing and potential for you to exit the market in case you have sold at the critical breaking point of "A" in future.

Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Muhammad Elbermawi
3227
Muhammad Elbermawi  

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Muhammad Elbermawi
3227
Muhammad Elbermawi  

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