Today, I want to talk about counter trend lines. [image]( Today, I want to talk about counter trend lines. Just like it sounds, these are trend lines that run counter to the overall direction of the market youâre analyzing. First, you need to identify the overall market direction. But ultimately, counter trend lines will give you the ability to understand when a short-term movement is over and a long-term movement begins. Thatâs key for traders because if you enter into the market before the short-term movement is over, your trade could go against you before the long-term movement begins. But when you use counter trend line breaks, you get better confirmation that the trade is going to move in your favor from the start. [Click here now to watch my latest video, which explains everything you need to know about incorporating counter trend lines into your trading strategy!](=) [image](=) Now, before you read on, head over to the Traders Agency YouTube channel for breaking market news, live trading sessions, educational videos and much, much more! [Click here now to subscribe!]( THE NEWS DESK [Double Down or Double Trouble?](=) Today, weâre going to continue our ongoing chart pattern series with a pattern weâd all like to see take place in the broad market⦠[Russell 2000 Hits Key Fibonacci Level]() This week, the Russell 2000 (RTY) futures market is hitting a key Fibonacci level⦠[Why Iâm Not Nervous About a Recession](=) Following last weekâs Federal Reserve meeting, the looming question remains⦠Just how far from a full-blown recession are we? How Does a 93.75% Strike Rate Sound? All it takes is riding the coattails of a stock after itâs been âmarkedâ... Sounds too good to be true, right?! [Click here to watch Josh Martinez reveal how it all goes down!]() WORDS TO TRADE BY "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesnât, pays it." - Albert Einstein Compound interest is a wonderful thing for those who understand it. For those who don't, it costs a lot of money. The reason we invest is to make money, and compound interest is a great tool for doing that. We can take our earnings, put them back in the market, and make more money each time. It may sound like a complicated math problem to many, but it really isn't. By keeping your profits and interest earned from trading in your account, you'll keep making more interest on what you have. That's how compounding works. In the long run, it's the best way to grow your wealth substantially, so don't brush it off! [image] Josh Martinez P.S. Stock markets may be unsettled, or even bearish. But that doesnât mean that there arenât opportunities⦠All it takes is riding the coattails of a stock after itâs been âmarked.â [To learn more about how to identify and trade these specific stock opportunities, click here.]( [Facebook]( [YouTube]( [Instagram]( Hypothetical or Simulated Results Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There is a very high degree of risk involved in trading. For our full disclaimer, visit: [Unsubscribe]( Traders Agency 20 North Orange Avenue Unit 1100 Orlando, Florida 32801 United States (888) 483-5161