072 - IDENTIFYING PRICE TRENDS: Up, Down, or Sideways | Chart Reading Basics

The Trader's Mindchat Show

Jan 01, 2022•52 min

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Episode description

If you're new to trading or would like a fresh perspective on some of the basics of IDENTIFYING PRICE TRENDS, this live stream series is for you!

There are only 3 ways price can move: Up, Down, or Sideways. If you take nothing else away from this, take that.

Part of the magic of trend following and why it can be so profitable, comes from being able to answer the following questions:

1. How long has price been moving in this direction?

2. On what time frames?

3. In what manner? Quiet and smooth or with lots of ferocity?

Those are the types of questions you need to be able to answer. This live stream will show you how.

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#chartanalysis #priceandvolume #trendfollowing #stockmarket #learntotrade

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