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c. Or choose a closer in “Pyramid Trading Point®” once the
market is flat for 30 days or has been flat for as long as 2/3
of the most recent significant trend.
Enter the market when your chosen “Pyramid Trading
Point®” is exceeded. Look for higher than normal volume
as an indication many traders are trading this breakout.
Probably some news event came out that is moving the
market. The higher the volume the bigger the trend will
most likely be. Use market orders to enter the trade.
In some cases you may use the “Pyramid Trading Point®”
in the opposite direction as your initial stop loss. Once in
this trade, use trend trading techniques to flow with the
trend.
2. Swing Trades Or Catching Tops & Bottoms:
Yes I know, no one can catch tops and bottoms…wrong! You can, it
just may take a few stop outs before you hit the real bottom or top.
Usually it takes no more than three tries to finally catch a trend that
is good enough to profit from.
Look to see if the “Average True Range” (“ATR”) of the swings on
the time frame you are trading will make you enough money to be
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