I was still thinking why every time I get into trade using trend based tools, the market turns to a boring range market, the situation of forcing me to close the trades loosing what I earned from last couple of trades and much worse when I use overbought/oversold strategies and the market turns to trend situation.
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Dynamic Trading will teach you how to confidently consider a market position and make a trading or investing decision. Every financial and commodity market is constantly in a process of dynamic change. When you have mastered the material in this book, you will not only be prepared for trend change before it happens,
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Friends who are traders have often asked me how I can quickly determine a trend when looking at a chart. My answer is that I have examined tens of thousands of charts. However, one fundamental indicator I faithfully use is the Relative Strength Index (RSI). The RSI was developed by J. Welles Wilder, Jr. and presented in his 1978 book,
Download: "Effective Trend Determination Method"