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FUNDAMENTALS AND BASICS 14
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Lecture1.1
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Lecture1.2
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Lecture1.3
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Lecture1.4
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Lecture1.5
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Lecture1.6
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Lecture1.7
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Lecture1.8
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Lecture1.9
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Lecture1.10
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Lecture1.11
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Lecture1.12
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Lecture1.13
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Lecture1.14
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ANALYSIS 6
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Lecture2.1
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Lecture2.2
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Lecture2.3
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Lecture2.4
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Lecture2.5
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Lecture2.6
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PUTTING IT ALL TOGETHER 5
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Lecture3.1
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Lecture3.2
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Lecture3.3
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Lecture3.4
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Lecture3.5
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7 Comments
Does a trnd give you an idea of whether to buy or sell?
or really its ot clearly stated what or after one reads the trend whether thats the time to buy or sell, kindly make it clear.
Dear Coaster, thank you for the question.
You can use a trend to analyze a buy or sell …ideally it better/safer to trade with the trend and not against it. If you identified a trend be sure to see price did not break the trendline…then you can take a trade as a buy if it is upward trend or sell if it downward trend . If price breaks your trendline it means the trend is changing or about to change.
I hope you get this explanation you can hit me up for further clarification on other part not clear to you.
Noted Sir thank you.
however, i will hit u inbox soon!
but sir you supposed to buy or sell once it hit the sl or rl. how can you detect if is going to break away from the support or resistance so you won’t take the wrong trade?
After you draw your SR line you wait for a new candle stick to form ..if it forms above the resistance line it’s a buy breakout and if it forms below the support line it a sell breakout.
what if there will be a breakaway how will you know?
After you draw your SR line you wait for a new candle stick to form ..if it forms above the resistance line it’s a buy breakout and if it forms below the support line it a sell breakout.