Determining a Trend

I would like to start a discussion on the different ways stock traders use to determine the overall MARKET. So far, I have found the O'neil method the best.
 
Quote from trend_guy:

I would like to start a discussion on the different ways stock traders use to determine the overall MARKET. So far, I have found the O'neil method the best.

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[1]William O Neill is rightly included in Jack Schwagers top trader books.:cool:

[2] Many good helpful observations come from experience;
like 1% pullback is a excellant uptrend.

[3]Market Makers Edge by Joshua Lukeman would rate more helpful than Vic,-who has made excellant points;
Joshua helps any timeframe -NYSE, NasdaQQQ.
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''In all labor there is profit''-Solomon,trader king
 
I'm in the Trader Vic camp. His books are a must read IMHO.

His books are Trader Vic-Methods of a Wall Street Master
and Trader Vic II-Principles of Professional Speculation

You'll learn about:

  • 1-2-3 change of trend method
  • Trader Vic 2B pattern (my favorite)
  • 4-day rule

And plenty of other helpful information to help you catch that next big trend! :D
 
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