Volatility trading with rayner pdf. ru/ogl6q/teacher-record-tefl-certificate-free.

Description. To all my subscribers, followers and friends out there, old and new, thank you for the gift of support. In addition, Sinclair explains the often-overlooked Jan 2, 2012 · This chapter describes the key steps of volatility trading which include buying under-priced options, or selling over-priced options, periodically buying or selling an appropriate amount of the underlying contract to remain delta-neutral throughout the life of the option, and at the expiration of the option, liquidating the entire position Here is a small recap of what you’ve learned: Volatility trading can be done three ways (through price, VIX, and options). This signals to me that the market is about to make a move higher. Futures extend to 1. Volatility can either be measured by using the standard deviation or variance between Forex risk management is not hard to understand. When there’s greed, you’ll get more buying pressure, which results in higher prices (an uptrend). Before discussing technicalities, I want to give a brief description of my trading philosophy. This is a standard Inside Bar candle where the range of the candle is small, and it’s “covered” by the prior candle. It’ll be easy, I promise. It’s a profitable system, right? It depends. Stage 2: Advancing phase which trend traders love — Best trading strategy is to long the uptrend. for non-algorithmic traders has the predictive ability for future realized volatility in the. With an accessible, straightforward approach, he guides traders through the basics of option pricing, volatility measurement, hedging, money management Mar 25, 2013 · Popular guide to options pricing and position sizing for quant traders In this second edition of this bestselling book, Sinclair offers a quantitative model for measuring volatility in order to gain an edge in everyday option trading endeavors. Inside Bar with a large range. This doesn’t look good for the buyers. File Name: The Ultimate Guide to Price Action Trading PDF, PDF Size: 7. Trading can be broken down into three main areas: finding profitable trades, managing risk and bankroll, and psychology. Markets traded: Russell 1000 stocks. For the most part, we had the confidence to follow them even during losing periods. Jan 2, 2012 · Summary. Look for a valid entry trigger to get you into a trade. Now, I’ve applied this strategy to a portfolio of markets. I want you to remember this quote from Bruce Kovner, one of the Market Wizards: “Place your stops at a point that, if reached, will reasonably indicate that the trade is wrong”. com Nov 2, 2017 · If you want to further improve your risk to reward, then look for trading setups with a potential 1:2 or 1:3 risk reward ratio before the first swing high. The document is an agenda for a webinar on stock trading secrets that will discuss: how to grow an account to seven figures without large capital; how to identify winning hedge fund strategies to avoid wasted efforts; how to earn extra annual Apr 4, 2024 · Volatility in the market can be of three types: beta, standard deviation, and implied volatility. download 1 file Jan 1, 2022 · Here is a simple, intuitive de nition of what the term liquidity. It also explains the most important strategic elements involved in actually structuring and implementing volatility trades, and elaborates the difficulties faced by the traders in determining the correct volatility level for their trades and the primary characteristics of volatility Jul 3, 2024 · Volatility is a statistical measure of the dispersion of returns for a given security or market index . Breakout Trading Strategy Quick Guide With Free PDF. The bestselling Option Volatility & Pricin NFP Trading Strategy and Tips With Free PDF. Price action trading is a methodology that relies on historical prices (open, high, low, and close) to help you make better trading decisions. means: the ability to buy or to sell shares reasonably quickly, in reasonable amounts, and at reasonable prices. High-level information for a low cost. Jun 30, 2022 · Look at the chart below…. VIX is traded via variance swaps (OTC) and futures (CBOE). Here’s the thing: The market moves in volatility cycle—from a low period of volatility to high volatility, and vice versa. Zooming out to see the most obvious levels and drawing the 5-6 most significant lines 2. He has written two books on stock and forex trading (Price Action Trading Secrets and The Pullback Stock Trading System). Whether you’re just starting out or currently managing a portfolio, Options Volatility Trading provides a solid cornerstone of up-to-date knowledge on the Mar 16, 2024 · 3. Discover proven trading strategies, tools, and techniques to help you become a consistently profitable trader. I understand that some of you who are new to trading…. 5USD Example 3: a - Impulse move heading higher which broke and closed above resistance. g. Inside Bar with a small range. The reason for this is because just before price breaks out of an area it is often tightly contained. What you want to do is: Wait for the price to approach an area of value on the higher timeframe, e. Implied volatility shows the expected future volatility. Built on the classic literature about finance and econometrics. Jan 26, 2023 · Last Updated on September 17, 2023. For Here's what you'll learn in The Ultimate Guide to Price Action Trading: A trading strategy that lets you capture EXPLOSIVE moves in the market — and it works on any markets and time frames. Trade the juiciest levels Jul 26, 2022 · Pdf_module_version 0. How to tell when a BIG MOVE is about to happen by Jan 14, 2021 · High volatility in the underlying index could be attributed to exchange-traded Funds (ETFs), whose demand shock passes on to the underlying index and is a reflection of increased noise trading as suggested byBen-David et al. These are The Top 100 Trading Rules from the best traders I’ve come across. Jan 2, 2021 · Trading manual Rayner Teo Addeddate 2021-01-02 19:55:42 PDF download. It has become a widely accepted ``fear gauge’’ in markets. Here’s an example… Rayner Teo - Stock Trading Secrets 24. The ultimate trader bundle package includes: Everything in The Ultimate Price Action Trader. Decide on the ATR multiple you’ll use (whether it’s 3, 4, 5 etc. I'm Ready To Become A Profitable Trader Now. Some of the most explosive and also profitable trades are breakout trades. Stay tuned as I will teach you when to enter these types of breakouts later. When the space between the MACD and the signal line starts to tighten, this is where you notice the histogram starts to slope down. So here’s what you’ve learned in this Forex Trading for Beginners guide: Forex is traded by the banks, corporations, and individuals. Dec 3, 2018 · That’s why I call this breakout trading strategy…. For example, charts can help you identify the market structure, drawing tools to help you define your area of value. Thus, look at the spot rate of GBP/USD. The 3 main Forex sessions: Asian, London, and New York. An example: (Note: This will be the focus of our article) 2. #3: The price failed to make a new swing high. Dec 3, 2015 · Stage 1: Accumulation phase where trend traders get killed. org Scanningcenter PDF-pootiepants. Discover Price Action Trading Secrets most gurus will never tell you. SINGLE PAGE PROCESSED JP2 ZIP download. He guides traders through the basics of option pricing, volatility measurement, hedging, money management, and trade evaluation. Here are the rules of the turtle trading strategy: Entry: Buy when the price breaks above the 20-day high. However, the volatility also ex Jul 12, 2023 · Let me teach you how…. Now you have what it takes to read any candlestick pattern without memorizing a single one. Due to the increased availability provided by their 24/5 access and the large amounts of leverage available on trading platforms, the forex markets are a favorite of retail traders across the globe. This represents "hidden" Support & Resistance in the markets (otherwise known as Supply & Demand by Sam Seiden). download 1 file . Focus on the practical aspect of institutional trading. Unlike indicators, fundamentals, or algorithms… price action tells you what the market is doing — and not what you think it should do. We review quantitative volatility trading in classical economics before discussing Example 3: a - Impulse move heading higher which broke and closed above resistance. Volatility is the most common risk metric of a stock. Sep 1, 2023 · 1. Factors he needs to consider to decide on what strategy he needs to adapt are current market situation and the impact of volatility on the market. 25 * 50 = 62. Step 2: Wait for the price to make a strong close below the trend line. See full list on tradingwithrayner. And in Price Action Trading Secrets, you’ll discover the trading In Volatility Trading, Sinclair offers you a quantitative model for measuring volatility in order to gain an edge in your everyday option trading endeavors. Trading Formula (A simple Price Action Trading system anyone can learn) At this point: You’ve learned the essentials of Price Action Trading (Support & Resistance, Market Structure and The document provides tips on how to draw support and resistance levels on charts including: 1. Nov 22, 2017 · Welcome to video #17 of TradingwithRayner’s candlestick trading course!This is a free (step by step) candlestick trading course that teaches you the essentia Option #3: Invest In The Ultimate Price Action Trader. doc / . Trailing stop loss: 10-day low. Exit the trade if the price closes below 20MA. The main aim of the volatility targeting technique is to manage the portfolio’s exposure in such a way that the volatility of a portfolio is as close to the target value as possible. docx), PDF File (. ”. Rayner Teo is said to be the most-followed trader in Singapore. I know when trading high volatility markets, it might seem very easy to make profits because the market is just moving in one direction, “Oh look at how bearish the candle is, I can just get a small bite out of the market. Options prices and implied volatility move in the same direction. Designations used by companies to distinguish their products are often claimed by trademarks. Despite the increasing relevance of trading , a fully integrated Commodity Management solution th Lesson 2. Easy to understand compared to the classic literature about finance. A. And here are the results of two markets that proves my point…. Step #1: Low volatility environment Nov 14, 2020 · Turtle trading is basically a trend following strategy for the futures market. The price approaches the highs of resistance and forms a tight consolidation (the buildup) I’m looking for a tight buildup at the highs of resistance. Step 1: Draw a trend line with two valid touches. The biggest mistake that I see traders make with this indicator and how you can avoid it. Day Trading Psychology. This tells you there are indecision and low volatility in the markets. Specifically, you'll learn: What this indicator is about and how does it work. Immediatelly available to download. The most volatile markets were the stock markets, particularly those trading technology stocks (see the graph below). Three practical trading techniques like how to identify explosive moves in the market Dec 2, 2020 · What is the volatility contraction pattern (vcp pattern)? The vcp pattern is one of Mark Minervini trading strategy which he follows and practice regularly. 21 - Free download as Word Doc (. Get Volatility Trading (Pro Trading Strategies) or the other courses from the same one of these categories: fractal flow, Daytrading, Indicator Welcome to FXGears. 28 THE ULTIMATE GUIDE TO PRICE ACTION TRADING The M. Additionally, cross hedging stock sector risk with Index futures for hedging effectiveness (Hsu and Lee(2018)) has an Dec 2, 2023 · A Spinning Top candlestick is a small to medium candle that tells you that there is an indecision in the market. So… 1. Dec 9, 2023 · In-neck Candlestick Pattern. Stock Trading Course for Beginners (Free) Learn the basics of Stock Trading without hype or fluff. Dec 28, 2017 · Summary. May 1, 2021 · IG allows you to practise trading with $200,000 of virtual funds so that you can have a feel of trading and to try out the various trading strategies before you commit actual money to your trades. 1. Go Long Puts. pdf - For commodity-driven companies, today’s market environment of narrow margins and volatility uncertainty makes the trading function more important than ever. 00. This means if the market is in a low volatility environment, it’s a sign the market is about to make a big move (and you want to be prepared for it). Expect the trend to continue. (2018). size according to contract size, volatility, correlation, and direction. txt) or read online for free. pdf - Volatility besets the markets The first few months of 2000 were a period of heightened market volatility. If a stock has a beta that’s above 1. ions implied volatility and other relevant con-trols. It lets you profit without forecasting the price direction. It changes depending on the above 2 factors. E. Such a behaviour typically points to the presence of recurrent economic cycles, crises, large fluctuations, and other nonlinear phenomena. 18 Ppi 360 Rcs_key 24143 Republisher_date 20220726103018 Republisher_operator associate-jayann-eneldas@archive. ). Wiley publishes in a variety of print and electronic formats and by print-on-demand. underlying market, and just trading volatility, is termed pure volatility trad­ ing. 3. Expected volatility – an expectation of, or. And if you notice, the Trending Move is getting weak as the range of the candles got smaller (compared to #1 and #2). cebu. A pip represents the smallest price change in Forex. The often cited “volatility risk premium” is typically Sep 12, 2020 · Conclusion. All you need to do is take the value of the 12-day EMA and minus against the 26-day EMA (you can find it on your charts with zero calculations). Thus, you’ll need to find a balance to it. If you’re short, then add X ATR from the lows and that’s your trailing stop loss. Mar 15, 2018 · Bollinger Bands is a trading indicator (which consist of 3 lines) created by John Bollinger. Step 3: Multiply the spot rate with the value per pip of the currency you’re trading. Like Rayner, even after you are confident enough to open and trade with a live account , it’s advisable to start with a small amount first. The TradingwithRayner ultimate trader bundle is a premium course that combines both price action and systematic trading to try and help you improve your overall trading knowledge and skills. Aug 28, 2022 · When you draw a Trend Line: 1) Focus on the major swing points 2) Connect the major swing points 3) Adjust the Trend Line and get as many touches as possible. 25. archive. I’ve explained to you some of the purposes of all these technical tools. for op. The currency of your trading account is in USD. This can help you to avoid losses, make more profits, and have a lower-stress trading experience. WHAT EVERY OPTION TRADER NEEDS TO KNOW. Systems trading refers to trading in a mechanical manner without discretion. That is the REAL purpose of having the best stop loss strategy. Practicing drawing support and resistance on 20-30 charts to improve accuracy It also discusses how to set stop losses including volatility, time . org Republisher_time 230 Scandate 20220720025121 Scanner station15. Jan 7, 2016 · Secret #3: Risk a fraction of your trading capital. How to identify hidden strength and weakness in the markets, so you can "PREDICT" market turning points. 0, it is more volatile than the market. Have open profits of at least 2R. Don’t chase the market. For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762-2974, outside the United States at (317) 572-3993 or fax (317) 572-4002. Hold the short position till the price breaks above the previous day high, and go long. Look for a break of price structure on the lower timeframe. Price Action Trading Secrets (PDF Version) $10. In a frictionless 2. 10 Lessons. Break of structure. Learn to deal with risk like a bank trader. In addition to pure volatility trading, trading strategies can be established that are initially neutral to the underlying market but can become an equival­ ent long or short position if the underlying market price moves to a particular level. Usually, when that happens, it's a sign that the market is about to break out. Vice versa for short trades. Support and resistance, trendline, moving average. #1 and #2: The market is in an uptrend as the price made new swing highs (and lows). Price Action (Free) 18 Lessons Intermediate Jul 11, 2023 · Low volatility on the higher timeframe. With offices in North America, Europe, Australia, and Asia, Wiley is globally committed to developing and marketing print and electronic products and services for our customers’ professional and personal knowledge and understanding. Sep 2, 2022 · The market moves in volatility cycles, from a period of low volatility to high volatility (and vice versa). In trading, as in most things, it is necessary to have Mar 3, 2024 · The Ultimate Trader Bundle. Understand how bank traders act in the market. 4. Risk management: 2% of your account. Drawing on more than a decade of never-before-published research, Augen provides new analytical techniques that every experienced options trader Us-risk-sap-commodity-trading. Have a Forex trading plan and stick to it in all crypto currency traded on what coinbase proxy. If you risk 30% of your equity, you’d blow up by the 4th trade (-30 -30 -30 -30 = -120%) But… his book is about trading volatility. However, this reduces your trading opportunities as you’re more selective with your trading setups. ) If you’re long, then minus X ATR from the highs and that’s your trailing stop loss. More specifically it is about using options to make trades that are primarily dependent on the range of the underlying instrument rather than its direction. Notice the range of the candles are getting tighter and tighter on the build-up like they're running out of space to breathe. com 45 The Ultimate Guide To Price Action Trading Wide range of candles Due to a strong imbalance of buying/selling pressure, candles would form a wide range. Stage 4: Declining phase where traders turn into investors — Best trading strategy is to short the downtrend. S. 0. As of 2022, his net worth is estimated at between $2 to $5 million. Total: $10. 31 www. #1: MACD Line. pdf), Text File (. com, a trading forum run by professional traders. Jan 15, 2016 · Financial time series exhibit multifractal scaling behaviour indicating a complex behaviour with long-range time correlations manifested on different intrinsic time scales. At this point you’re probably thinking: “Wait, that’s now how you use a trend line!”. Here’s the thing: Trends exist due to greed and fear in the markets. With an introduction to option basics as well as chapters on all types of spreads, put-call parity and synthetic options, trading volatility and studying volatility charts, and advanced option trading, Trading Option Greeks holds pertinent new information on how more accurate pricing can drive profit. That’s pretty much all there is to the MACD indicator. Set your stop loss 1 ATR below the swing low. This is an entry technique that gets you into a new trend early. Beta volatility refers to how volatile a security is compared to the market. This means it has an upper and lower boundary to help you identify potential “overbought and oversold” levels. There’s no discretion to this statement. Aug 2, 2022 · Hold the long position till the price hits the previous day low, and go short. Download PDF - Option Volatility And Pricing: Advanced Trading Strategies And Techniques [PDF] [2hkio18khua0]. 6 MB, PDF Quality : Very Good, Total Pages: 58, Category: Stock Market, Language: English Jan 1, 2008 · In The Volatility Edge in Options Trading, leading options trader Jeff Augen introduces breakthrough strategies for identifying subtle price distortions that arise from changes in market volatility. 12. You can see that the space between the MACD line and the signal line getting wider is why your histogram starts to slope up. Imagine: You have a trading system that wins 50% of the time with 1:2 risk-reward. The 4 main types of orders are: Market, Limit, Stop, Stop loss. Sep 13, 2022 · Trading rules: Go long when a stock hits a 50-week high (if there are too many stocks to choose, select the top 20 that have the largest price increase over the last 50-weeks) Have a 20% trailing stop loss. Maximum of 20 stocks with 5% of capital allocated to each stock. Jan 2, 2012 · This chapter discusses the fundamentals of volatility trading. Set your stop loss 1 ATR below the low of the buildup. Trading with the Spinning Top candlestick as a trend reversal signal and using it in isolation is a sure-fire way to bust your account. Jan 2, 2012 · Trading Resource Guide (Pages: 158-163) Sheldon Natenberg is one of the most sought after speakers on the topic of option trading and volatility strategies. The steepness of a Trend Line gives you clues about the market condition so you can adjust your trading strategy accordingly. Decreased psychological pressure. fu-ture volatility while algorithmi. Trail your stop loss with the 50MA and exit if it closes below it. Rules that you can’t or won’t follow will not do you any good. Jul 12, 2018 · Here’s an example of a position trading strategy: Wait for the market to form a volatility contraction (a buildup) at Resistance. There is very little to be gained by arguing over their respective levels of importance. 5 years, with liquid first 7 settlement month. And you have a hypothetical outcome of L L L L W W W W. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Based on two Nobel Prize winning ideas. a forecast for, volatility over a specified future period. With an accessible, straightforward approach, he guides traders through the basics of option pricing, volatility measurement, hedging, money management Feb 16, 2017 · Step 2: Determine the spot rate between the currency of your trading account and the quote currency. It consists of a long bearish candle followed by a smaller bullish candle that closes near the low of the previous candle. Rayner Teo - Ultimate Technical Analysis Trading Course 23. Example. Signal: Indicates the continuation of the current downtrend. It can help you: Identify potential overbought/oversold areas; Identify the volatility of the markets; Now you’re probably wondering: “What do the 3 lines mean?” Upper band – Middle band plus 2 standard deviation Popular guide to options pricing and position sizing for quant traders In this second edition of this bestselling book, Sinclair offers a quantitative model for measuring volatility in order to gain an edge in everyday option trading endeavors. The problem with chasing the market is that when the market reverses, the reversal is Jun 10, 2019 · 1. Now, this isn’t the Holy Grail. However, the predictive a. Candle bodies are large, showing strong bullish momentum. Aug 2, 2022 · 3. Aug 31, 2022 · With that said, let’s break down the MACD indicator (step by step). Everything in The Ultimate Systems Conclusions on VIX trading. Price action trading is a method to read the “secret language” of the markets, so you can use it to better time your entries and exits—without relying on indicators, news, or signal services. How to collect big profits from a volatile options market Over the past decade, the concept of volatility has drawn atte Order Summary. Rinse repeat over again. Plus, you get: Unlimited live coaching sessions so you can trade with clarity and conviction. Definition: The In-neck Candlestick Pattern is a bearish continuation pattern occurring in a downtrend. Tradingwithrayner. Adjusting the lines to where price has touched most frequently 3. Let’s assume the spot rate of GBP/USD = 1. Know the purpose of it. Here’s how it works: The market is in a strong uptrend (respecting the 20MA) Buy breakouts above the swing high. It discusses drawing tools, candlestick patterns, chart patterns, and indicators. Identify the area of value for the respective type of trend. In other words, to ensure that the amount of dollar risk remains the same. The Trend Trading Breakout. They never traded more than 12 risk units in either direction. Plus, you get: Mar 18, 2023 · Immediately available to download. Source: “The original Turtle trading rules,” Curtis Faith, 2003. Price Action Trading Secrets is a trading book that teaches you trading strategies, tools, and techniques to help you become a consistently profitable trader. You get step-by-step instructions on how to become a consistently profitable trader without relying on indicators, news, or opinions. THE ONE BOOK EVERY TRADER SHOULD OWN. In this video, you'll learn all about the Bollinger Bands trading indicator. If you have no open profits and you scale in your trade, you might lose more than intended. You’ll get a beautiful PDF file that contains trading strategies and techniques I’ve shared with you (and additional content that I’ve no space to write here). They have the biggest impact on my trading and I believe their words of wisdom will go down for generations to come. Academy; Price Action (Free) Trading Lessons. The Turtles had a lot of reasons to be confident in the rules they were given. information. The 20-period moving average to touch the lows of the buildup. Because if the market goes against you, you have a “buffer” to withstand the pullback. Tradingwithrayner. Stage 3: Distribution phase where trend traders get killed, again. The most important aspects of successful trading are confidence, consistency, and discipline. While most traders will be more proficient in one of the three aspects than the others, they must all be present for a trading Jan 2, 2012 · This chapter presents various strategies an options trader may consider when trading in a high or a low volatility environment. Option 3: Invest In The Ultimate Systems Trader. Note: The Keltner Channel used in this post is the modified version by Linda Rasche. TABLE 1: THE TURTLE PORTFOLIO Interest rates: 30-year T-bonds, 10-year T-note, Eurodollar Softs: Coffee, cocoa, sugar #11, cotton Oct 27, 2016 · Trend trading can be applied across any markets. Implied volatility – typically, the volatility that is implied in option prices; 3. And poof! That’s your MACD Line. You buy when the price breaks above the 50-day high — not the 49-day or 51-day, but, the 50day high. Jul 8, 2019 · The Keltner Channel is an Envelop-based indicator (others include Bollinger Bands, Donchian Channels, etc. hat non-algorithmic traders are informed regarding. The understanding of the price action is what matters. When there’s fear, you’ll get more selling pressure, which results in lower prices (a downtrend). A Spinning Top candlestick also signifies that a high volatility move is about to occur. P. Go long if the price breaks above the high. Rayner Teo is a Singaporean trader, blogger, and YouTuber. Standard deviation volatility is simply how volatile a security is within a period. You don’t know the reason why your stop loss is placed. With an accessible, straightforward approach. When volatility is high, traders who are bearish on the stock may buy puts based on the twin premises of “buy high, sell higher,” and “the trend is your friend. Learn how to profit regardless of the market direction. Download PDF - Options Volatility Trading: Strategies For Profiting From Market Swings [5wgle6e343o7]. The foreign exchange markets are among the largest and most liquid markets in the world. 12-months email coaching support so help is only an email away. Our primary. Aug 30, 2018 · Here’s how to use donchian channel with this advanced trade management technique…. Breakout trading can offer you the opportunity to find and make very high reward trades that can be highly profitable. Oct 13, 2009 · Trading options is not for the faint of heart, but with Options Volatility Trading you can developthe confidence and know-how you need to gain a distinct advantage over other traders. This document provides an overview of technical analysis tools and techniques for beginners. This means the best time to trade breakouts is when volatility is low, so you have a tighter stop loss — and can reap massive profits if volatility expands in your favor. Aug 28, 2022 · Here’s how it works…. VOLATILITY TRADING Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. Stop loss: 2 ATR from the entry price. Video. Realized volatility – historical volatility, as observed over a specific period; 2. R_qt0006a. For example: Go long if the price breaks above the 50-day high. The Ultimate Systems Trader (UST) teaches you how to generate an extra 10%, 20%, or even 40% on your account in less than 25 minutes a day—without having to read financial reports, study technical analysis, or analyze candlestick charts. This book takes Sheldon’s non-technical, carefully crafted presentation style and applies it to a book—one that you’ll study and carry around for years as your personal consultant. Sep 13, 2022 · Very simple, I have two guidelines for you to understanding technical analysis. Easy. Mar 10, 2016 · Click on the link below and download The Ultimate Guide to Price Action Trading. VIX is an index representing an average of short-term volatilities of S&P500 index options. com fThe Ultimate Guide To Price Action Trading b - False breakout as the price trades back into the range. So here are the things to look for in your pullback trading strategy: Trade pullbacks in the direction of the trend (not against it) Classify the type of trend: strong, healthy, or weak. et iz hu ly yy ww uk jf fi lf