Jeffrey Kennedy – Trading the Line. How to Use Trendlines to Spot Reversals and Ride Trends
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Synopsis
For the trained technical analyst, trendlines are very powerful indicators of future price action. In this informative eBook, world-renowned technical analyst and “Trader’s Classroom” instructor Jeffrey Kennedy, an expert in the field of Elliott wave analysis among other disciplines, guides you through chart after chart, teaching you how to apply trendline techniques like a pro. This course is designed to help you decide when to jump aboard a trend and when to jump off so you limit risk and maximize opportunity. Through practical, real-world examples, Kennedy shows you why he believes “a trendline is a simple, crucial tool.” With this easy-to-follow, easy-to-reference manual, you will learn to immediately apply these powerful techniques in your own trading. Best of all, the convenient format gives you access to these valuable trading lessons – just like those you would get from an intimate classroom setting – without the hassle and expense of traveling!
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Jeffrey Kennedy – Trading the Line. How to Use Trendlines to Spot Reversals and Ride Trends
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