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® “Home-Study Course” Study Manual Page 175

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Obviously you do not want to jump into a mature trend that is near
exhaustion. And you don’t want to be “Whipped-Sawed” during a
correction phase.

One technique is to look for a market and/or time frame that has been
consolidated for an extended period of time. Then watch for a new
breakout trend to occur. Use the “Pyramid Trading Point®” for your
first entry once the breakout occurs.

Some ART® traders like to trade the consolidations using the ART®
“Reversal Bars” to “Scalp” between the highs and lows of a
consolidation. You want to choose a time frame where there is enough
space between the highs and lows of the “Bracket”, so that you can
make enough of a profit to justify trading between these highs and lows.

Determine Volatility

Choose a time frame where you do not get stopped-out often when the
market is trending. This is accomplished by watching various time
frames of the same market. This way you can see which one has been
the most stable for your style of trading.

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