If candlestick analysis is the ABCs of technical analysis and price patterns are the sentences, then trading theories are the chapters. No aspiring trend following trader should approach the markets without first understanding how participant psychology drives the big stages all markets move through.
What you'll learn
- That 70% of price moves happen in only 20% of the time
- How and why markets move through stages
- How to use simple technical analysis techniques to identify the stage
- Dow theory
- Elliot wave theory
- The four market stages theory