Would you like to learn about a chart type that helps you to spot reversals, makes the 'trend' more obvious and helps add 'consistency' to your trading & investing?!
Calling the turn (reversals), when trading any financial market, is a notoriously difficult thing to achieve with any given consistency. There are thousands of different technical analysis tools and techniques that try to give you this edge. One of the best and most simple I’ve come across is the Line Break chart.
Line Break charts, due to the evolution of trading and technical analysis software packages can be made into very successful trading strategies and a great accompaniment to your general market analysis.
WHAT IS A LINE BREAK?
The line break is a very useful Japanese style chart configuration that takes out a lot of the guess work from calculating turning points and understanding the trend in a chart. It works across all assets and time frames.
The Line Break chart, like its Japanese cousins the Renko chart and Kagi chart, ignores time and only updates when prices move by a certain criteria. It's a fascinating and unique approach to technical analysis that I think can't be ignored.
SUMMARY:
This is a course for all levels of ability - beginners through to the more experienced interested in learning about another unique concept from the world of Japanese technical analysis.
It is relevant to many different styles of trading e.g. day, scalping, trend following, swing trading etc.
Great for creating 'discipline' and a 'systematic' approach to your trading.
You will learn how to master this chart type, be able to enhance it further and be able to construct your own trading strategies around the Line Break chart concept.