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Pre-trend reversal system
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FOT-July 2008-3
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Instead of following trends, this approach tries to spot them early.
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Detailed Description
In recent years, some traders have focused on shorter time frames and traded smaller moves. This shift makes sense given the widespread availability of real-time data feeds, but it doesnt always lead to better trades. As they chase fewer dollars in smaller moves, traders are losing sight of the bigger picture.
Instead of following the trend, this strategy pinpoints market reversals that precede common breakout techniques and enters the market prior to most conventional systems.
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