In this video Jeremy King Analyses the dow jones from 2009 to 2017 and how it is possible to evolve through time with the trend using Trading Safely’s multiple time frame software. Finally we propose Dow outlooks from Q118 to Q121.
A commonly held ill feeling amongst many traders revolves around cutting out of a trend to early. Too many traders rely on one time frame and therein lies the answer of their inability to trade time. Unless one has the ability to decide when it is appropriate to move through time, how on earth is it possible to stick with the trend – after all they can go on for years.
At the most basic level is the ability to understand that as trends evolve so does the size of the corrective move that ensues for each successive time frame. Unless one has a method to instantaneously calculate what the corresponding stop loss is on the close of each respective time frame, the trader is left floundering like a fish out of water wondering what pond he or she is in – the gold fish pond or the deep waters of predatory long term sharks. This article is purely technical and revolves around using 5 different time frames at any one instance to understand how may time frames are in your favour and more importantly to know when to switch time frame.
Furthermore we uncover the subtle dynamics of price and time that reveal the fractal nature of corrective moves – critical to understanding this is the idea that a long term buy signal requires the market to become overbought on shorter term horizons and hence relative corrections are proportional to the level in time of the buy signal achieved.
Finally we explore Dow Jones trajectories by exploring technicals that reveal the angle of the market – at which point time takes over to determine the range of outcomes ahead. The angle of the Dow Jones Industrials gives away it’s true potential going forward and will surprise many to the upside, especially those who think it is fundamentally overbought.
Please note this is general advice from Trading Safaly for all our clients and has been prepared without taking into account your personal objectives, financial situation or needs. If you do wish to consider acting on our information please contact a licensed financial advisor to discuss the appropriateness of this recommendation for your own personal financial circumstances. Please obtain any relevant product disclosure documents before deciding to invest. Trading derivatives, stocks and CFDs can lead to losses greater than your deposit.