Sep 10 | How to Use Counter Trend Lines When Trading

Daily Trader Talk Newsletter [image] Hey Trader, In this video, Josh Martinez goes over counter trendline breaks, how to draw them, how to gauge the risk, and when to use them. Counter trendline breaks help traders find a reversal on the market, based off of when a market closes against a market trend line. As you know, markets trade in waves and with every wave there is market pullback and correction. To help identify these market waves and when to enter, we use market trendline breaks. [{Check out this video to see how to properly draw and use trendlines!}]( THE NEWS DESK [Weekly jobless claims go up as hiring tapers off]( The latest jobless report missed experts’ projections this time around. [Gold prices push higher again as volatility returns to the market]( Some investors are going back to precious metals as the market ride gets bumpy. [JPMorgan fired employees who pocketed PPP funds]( The company has terminated workers who took advantage of the PPP system. WORDS TO TRADE BY “The mind is a fascinating instrument that can make or break you.” - Yvan Byeajee Your mindset is the most powerful part of your trading strategy. How you think about your trading, the market, and yourself can either make or break your trading endeavors. If your mindset isn’t correct, change it! It takes hard work and determination, but it isn’t impossible. Use your mind to its full potential. Until next time, The Daily Trader Talk Team [image] [Facebook]( [YouTube]( [Instagram]( There is a very high degree of risk involved in trading. For our full disclaimer, visit: [Unsubscribe]( 20 North Orange Avenue Unit 1100 Orlando, Florida 32801 United States (888) 483-5161