How to Trade the Trend

The timeframe, the length of the trade that you expect to hold on to how high your profit target is will go a long way toward determining whether you're overall bullish or bearish. So I always have these five categories of trend, strong trend, weak trend, trading range. And you can determine which of those five market conditions you're in simply by looking at the 20 to 50 in the 200 period moving averages. The fellow who taught that course ended up going to prison for some fraud allegations.

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