John Murphy's 's 10 most important rules of technical trading
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The following are John's ten most important rules of technical trading:
Map the Trends Spot the Trend and Go With It Find the Low and High of It Know How Far to Backtrack Draw the Line Follow That Average Learn the Turns Know the Warning Signs Trend or Not a Trend? Know the Confirming Signs
Note
I found out that these rules are quite "HARD" to apply them to short time frames 60/45/30/15 minutes. They are best applied with daily and bigger time frames .
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.