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ForeCastle

  1. How to Use Price Action to Trade New Trends

    by , 05-05-2017 at 10:48 AM
    ‘The trend is your friend’

    We’ve all heard it, and it makes perfectly logical sense; but in practice, this advice is so opaque that it’s practically worthless. Because even if you’re on the ‘right’ side of whatever trend is showing at the moment, the timing and entry into that setup is likely what’s going to determine one’s success or failure on that individual trade. So, it’s not enough to just find the direction of the trend and then ‘hope’ that we’re right; we also have to find ...