Let's Talk About The Magic

It’s time to discuss with you a very interesting topic. If you clicked on this post expecting to read my review for the master of the charts, the professor, the legend, the king - probably you will be disappointed. I would like to talk with you about the REAL Magic. The Magic in Trading!

You want to know the future when you try to predict possible market movements. You want to be sure that you will open a trade in the right time and at the right level. But is it possible? For making proper steps in the financial markets, you need to know about possible market movements and understand them. You need to see the future! If you have a Crystal Ball and it’s a new model - you are a happy man or girl! You can use this tool and see the future clearly. But what to do if you don’t have money for buying such an amazing and useful gadget? If so, you must learn Technical Analysis and some simple tools which can predict the future too. In this post, I would like to show you trend lines and how they can predict the future giving you clear signals when to buy or sell and where to buy or sell.

For making a better example, I decided to use BTC and the period when we had a good uptrend movement. But the same goes about a downtrend, other markets, and different timeframes. Trend lines work everywhere, because it’s real magic!

In September of 2017, the market formed 2 swing lows which we could use for drawing the uptrend line. At that moment we could predict that the market was going to move upward. If so, we had to search buy opportunities based on reversals signals not far from the uptrend line. At that moment the uptrend line showed us possible buy levels in the future! In October we got 5 buy signals based on the reversals from the uptrend. All these trades could give you good profit! In September of 2017, we could predict trades which would be opened in October! It’s real magic, don’t you think so?

I showed you a very simple TA tool like trend lines. They can give you a clear understanding of where you can get possible trading opportunities in the future. Trend lines are simple in use. You need only two rising swing lows for drawing an uptrend line and two falling swing highs for drawing a downtrend line. Trend lines are just one of the tools which can be used for profitable trading. There are other tools which can be added to your trading strategies portfolio.


If you want to read about other magic tools, please, support this post and my work by your LIKEs. Any comments, ideas, suggestions - please leave them below this post.