Friday, July 13, 2007
My Mentor's Methodology Never Ceases To Amaze Me
I've learnt, in the last 2 1/2 years, from the work of my Mentor, Bill Schamp & his method of trading (click here to visit his website), is that you always need to confirm a Top/Bottom. I believe recently, one would have been bombarded from all quarters, experts calling for a market top - but from my charts, it says otherwise.
And in Bill's famous words:
" We Trade PRICE...And PRICE will continue to go up/down, until it fails. Trade with the TREND. Don't fight it. "
Again, the chart above is the TREND Chart I trade with, and the chart below, is my SWING Chart...