4
Follow the winners: trading with the trend
What topics are covered in this chapter?
In this chapter, we examine range trading versus trend trading and consider:
- range
- support
- resistance
- range trading systems
- trend (uptrend and downtrend)
- channels (uptrend and downtrend)
- trend trading systems
What are the objectives?
- To know the definitions of support and resistance.
- To know how to use the definitions of support and resistance for range trading.
- To know how to use the definitions of support and resistance for trend trading.
- To know the definitions of uptrend and downtrend.
- To learn the trading systems to use for trend trading.
Introduction
The first decision a trader has to make is whether to trade within a range or to trade in and ...
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