“Spiky action” sums up my preferred approach to markets. In Chapter 18 I talked about Minus Development (MD) and the best form of
MD, in my opinion, is price spikes.
This is a fairly short chapter and I have made it a separate chapter because I think this is vitally important. Everyone who comes to the market needs an edge, something that gives them a chance above average. Spikes do this for two reasons – see Figure 20.1:
I define the Trading Trend as the ...