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How to Know if a Market May Have Bottomed
http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! When Bottom Picking might work! Trend Trading versus Bottom Picking. Bottom picking in a trading perspective is when a market is pushing to lows and we buy assuming that it is the bottom of that move. Some experienced traders will tell you never to do it, others (including Paul Tudor Jones) will argue that they are very good at picking tops and bottoms and make money from it. Let's look at some cases when it may be a good idea to try picking a bottom. What we want to avoid are chugging downtrends - very difficult to pick a bottom in such instances as there is a persisting supply/demand imbalance there.
Trading lesson: How to pick a bottom
Let's see how we could filter out such opportunities to increase our chances of success. When it might be an idea to try picking a bottom is when a market is starting to range trade even if this may happen in a downtrend so you will still need to have your risk management in place.
Another way to do it is to look for extreme flushes and this is where the ATR indicator can come in handy.
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https://www.youtube.com/watch?v=H1d-I_T8a84About the Site 🌐
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The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
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Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
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