How to Pick a Market Top

During today’s MTPredictor Elliott wave and Fibonacci trading software webinar I looked at a potential morning top in the YM based on the wave pattern and high volume spike that confirmed professionals were selling.  There are no guarantees in trading so the key is to initiate a low risk, high reward trade setup and let the chips fall where they may.  This ensures if our analysis is incorrect, we lose small but if we are right we win big.

Check it out in today’s MTPredictor trading webinar

 

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