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How to avoid some bad trades

Take a look at the chart above. Notice three things near the right edge of the chart: An intermediate term moving average is flat Price is never moving far from the moving average Price is chopping back and forth on both sides of the moving average These are three...

NR7: an old friend

Just a quick post to remind you of a technical tool you probably already know about. Like so many things that work, it’s not exciting or sexy on the surface. It might seem overly simplistic or just not that interesting–but this is a powerful pattern that...