Summary: Mapping our Time Frame
Ok, now that you have read the lesson material and taken the quiz – hope it was not too traumatic, please make sure you completely understand and/or do the following:
In this lesson, we go through the mechanics of how we determine the trend at any situation. It is a very easy but objective way to do it. Sometimes when we use a technical indicator to determine the trend there are situations in which the trend is not very well defined. With our methodology, we can determine the trend at any market level, objectively.
Please be sure to understand the following:
What are pivot points and why they work
What are the mechanics of our methodology and what each level means
Other uses for our methodology