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Have A Trading Strategy and a Management Plan
Pivots and Trendlines are Objective. Learn to follow price.
Read more -> Read The Grain Report from Charles Schaap.
Structural pivots are the only real time price signal. All indicators derive from price, hence all indicators lag price. Be the master of what you see. Trend Master Series This is an intraday chart of September Soybeans. The professional trader does not anticipate or predict, but prepares. The price may have stopped falling, or it may continue down. A minimum of two higher pivot lows and two higher pivot highs is required to indicate a reversal from down. Learn to read price and always be a profit trader! Click here - see a field of beans.
An educational article I have written: Price Pivots Circle Big Profits - Reading pivots will help you spot trends in any time frame and use them to your advantage. When you can read price, there is always somewhere to make a profit!
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