Monday, 10 July 2017

PIK

Pick-N-Pay is a text book example on trading the trend.
You need to define the Primary trend or channel P1 & P2.  Then the Secondary trends or channels S1 to S4.  Using the divergences D1 to D4 on the Momentum indicator as the early warning and the trend breaks as Entry or Exit points E1 to E4.   

Read more about divergences

Read more on Trends and Cycles

Just a follow up snap shot of a possible direction change?


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