14Scalper Alerts:Is This the Best Toolfor Quick Price TrendChange Confirmation?

How Do You Identify and Profit from Changes in Trend WithoutCatching a Falling Knife or Stepping in Front of a Freight Train?

In watching the markets over the years, I’ve observed that most reversals take place after three consecutive higher closes or three consecutive lower closes, and this tendency is valid for all time frames. The key to this setup is that it is based on consecutive closes and not just on intraday or daily high and low price action for an individual price bar on a chart. In other words, the highs and lows are not important. I’m not interested in three higher price highs or three lower price lows. I want to see where the action settles or closes, ...

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