“What strategy do you think is suitable for trading this trend stage…”

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Hi Michael,

I hope this email finds you well. I happen to have lay my hands on a Breven Howard’s Capital reports on trend structure.

The trend structure are categorized into five stages namely; anchoring (early trend), hindsight (trend consolidation), herding (trend continuation), overconfidence (terminal trend), overreaction (trend reversal).

One stage that has happened to caught my attention is the hindsight (trend consolidation) and this refers to a period whereby the trend channels within a support and resistance levels before a breakout to the herding (trend continuation) stages.

What strategy do you think is suitable for trading this trend stage and the tools and indicators required for identifying this stage of the trend structure, especially as an intraday trader?

I look forward to hearing from you. Thank you.

Best regards,
Aliu K.

None of your premises or desires are connected to what I do which is trend following.

Your perspective is not trend following. Day trading is not trend following.

Hope that helps!

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