How to Identify Market Trends with Swing Counts

In my last video, I talked about the 3 main market trends that are in the market – uptrend, downtrend, and sideways market. In trading, it is very important to know the trend because trading in the direction of the trend gives you the best odds of profitable trades.

In this video, I share about Swing Counts — one of the most common techniques used by traders (including professionals) to identify the market trend and differentiate between the 3 main market trends.

Knowing this technique is important because it gives you a simple and objective way to not only identify the current trend, but also to spot when the trend is changing direction.

Enjoy the video! 😀

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About the author

Spencer is an avid globetrotter who has been trading, travelling & teaching across 50+ countries, making his first million at 28 and amassing over 300k followers worldwide. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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