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As price moves from point 1 to point 2, it may be tempting to open a short position at point 2 with the view that a new bear trend is underway. Only to find that price is now heading back higher again and trading within a range. Correct identification of market regime will allow you to avoid buying when the market is about to turn down, or selling when the market is about to retrace back up.
None of the information on these pages should be considered as financial advice. Whilst Water rails are fairly common, Read More Sir James Bevan visits the River Bulbourne.