The World From A Chartists Point Of View: Two Important Charting Lessons, Plus Trend Signals
This Market Watch Weekly is for educational purposes only and is not to be interpreted as trading or investment advice.В See Terms Of Use here.
This week we look at two really important lessons in chart analysis.В Understanding these two things can significantly increase your probability of success in the markets.В We also look at the trends of world indices, either up, down or sideways, and what it means for your individual stocks.
Check out the video embedded below!
Of course please do your own due diligence – a great place to start is the free trading and investment course on this site. Check out the strongest sectors report to find out where the best places to be in the market right now.
Share Your Experience And Leave a Comment in the comments section below.
Happy trending,
Dave McLachlan

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January 15, 2012
Tags: all ords, ASX, asx market, asx trend, chart analysis, market analysis, Market Watch Weekly, technical analysis, trend following Posted in: Market Analysis, Market Watch Weekly



2 Responses
Van Tharp is always banging on about market types & how we need to have different systems to suit the current market type.
As you say the current equities market is sideways, which should suit swing traders working on a shorter time frame of up to a couple of weeks.
Let’s hope the breakout’s to the upside..
lol, I know! Amazingly I’ve been seeing trades on both the long and short side during this sideways bit. Real trends are emerging, despite the lack of trend in the overall market.
I’m with you though – would LOVE an upside breakout.
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