Join 10,000+ savvy traders that get Michael's exclusive insights & podcast episodes.

as seen on:

Amazing Forecasting with Dozens of Technical Indicators

Feedback:

Hi Mike, I just had to send you this link, from a commentary on BarChart.com: http://www.barchart.com/headlines/story/1903370/grains-futures-wheat-corn-soybeans-trend-indicators. I was nothing short of amazed to read this. The guy is trying to put a case that wheat is in an uptrend, or the start of. Talk about picking bottoms! He plasters the chart with useless indicators and suggests it’s time to buy wheat. I wonder how many people take this sort of commentary and make trading decisions based on this type of analysis. Looking at the wheat chart it’s clearly been moving down for some months and now moving sideways. Any trend trader would be firmly short or out, but to suggest this is a buying opportunity? I’m sure you see this sort of stuff regularly, but this one struck me as so awful I thought I would pass it on.

Regards,
[Name]

One amazing reading of the tea leaves.

Tagged with: , , , , ,
Posted in Feedback, Trend Following
Free Market Wizard Video!

Receive FREE expert trader video now!

Covel Books & Film
Massive Performance

Trend following performance numbers.

Trend Trading Systems

Pricing for trend following systems. 1000s of clients across 70+ countries.

Live Trend Following

Michael Covel's live events.

Trend Following Podcast

Michael Covel's podcast. 3M+ listens; 400+ episodes: iTunes & Android.

 

Free Market Wizard Video!

Receive FREE expert trader video now!

Online Payments

 

Regular guy makes Trend Following fortune. His free video lesson: Watch It Now.