William Davies
(UK)
Adam Hewison's book of INO.com has released a very useful video trade onto a Blackboard approach trendline on traders.
Using a simple whiteboard, Adam shows exciting business formations, to understand whether you trade futures, equities or precious metals.
You can make money using a straight line, according to Adam, as these market moves and trend lines are a reflection of human nature.
One of the many examples showing this video is to take a bullish trend with its peaks and troughs and draw a straight line through it, connecting all local minima along the uptrend.
The trend line is your point of reference, and this gives you clues about what is likely to happen in the next.
It's incredibly simple to understand when you watch it in real time.
You know when it is likely to be the best time to exit the market, when you're near a top or bottom.
Then, get more pearls of wisdom from the Whiteboard trading traders watching the video here:
http://traderswhiteboard.commoditycrunch.com
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