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Louis Jnr Book

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Trending markets are easy to identify, don’t try to<br />

complicate your analysis, use your brain and see what<br />

the market is doing.<br />

If it is doing series of higher highs and higher low, it<br />

is simply an uptrend market; conversely, if it is<br />

making series of lower highs and lower low, it is<br />

obviously a downtrend market.<br />

-According to statistics, trends are estimated to occur<br />

30% of the time, so while they are in motion, you've<br />

got to know how to take advantage of them.<br />

-To determine whether a market is trending or not,<br />

you have to use bigger time frames such the 4H, the<br />

daily or the weekly time frame. Never try to use<br />

smaller time frames to determine the market<br />

structure.<br />

How to trade trending markets:<br />

If you can identify a trending market, it will be easy<br />

for you to trade it, if it is a bullish market, you will<br />

look for a buying opportunity, because you have to<br />

trade with the trend, and if the market is bearish, you<br />

have to look for a selling opportunity.<br />

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