We are excited to announce a new webinar we'll be showing at the upcoming Wealth365 "Best of the Best" January 2021 Summit. We'll be presenting on 21st Jan at 10am . Click here to register. Your email will not be shared.
For those that register - send us your confirmation email from Wealth365 (to "email@example.com") and we'll add you to our prize draw with prizes every 3 days. Prizes in the first week will be a $500 voucher and every 3 days we'll announce the winners. In the last week, we'll have cash prizes too! The earlier you register, the more prize draws you'll take part in!
I recall the first time I was asked about how to identify the switch between Chop and Trend. The question came to me as "what indicator can I use to spot the shift between chop and trend before anyone else sees it". The answer was of course "none" - you can certainly get indicators that show it but the "early" part is the problem. Indicators need too much information to make this assessment but the good news is - you don't.
In fact, few people ever take a step back and consider how significant it is to be able to see these switches between trend and chop. The 2 conditions require the opposite approach to trading and so it ends up being one of the most important rule in your setup
- The cause of trends & chops.
- Holding times - understanding which recent activity may be relevant & which is unlikely to play a part.
- Time of day/overnight action.
- Types of chop to be on the lookout for.
- Early warning signs of transition - trend to chop.
- Early warning signs of transition - chop to trend.
- Tools you can use - not all will be required.
- Putting it all together.
- The benefits.
This event will not be recorded. Click here to register. Your email will not be shared. First prize winners will be announced on Sunday!