The following video looks at how to identify a trend change, which is where most people lose money, and also how to determine trend direction which is where the money is.
No doubt about it, this will be one of the most boring 14 minute segments of your life, but also crucial to your trading. Determining how to identify a trend change in real-time is something a lot of traders struggle with. They wait too long, wanting a trend to really establish itself, at which point it is already likely to reverse, or they get in too early hoping to pick a top or bottom.
In this video I show exactly how to identify trend changes in real-time, so you can capitalize on the ensuing trends and trades.
This material is covered in The Forex Trading Strategies Guide for Day and Swing Traders along with strategies for how to capitalize on these trends and shifting markets.
How to Identify a Trend Change – Video
Be sure to check out the book to learn how to capitalize on these types of movements: http://vantagepointtrading.com/forex-day-trading-and-swing-trading-strategy-guide