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Harness The Power of Multiple Time Frame Analysis to Identify Support and Resistance Commonalities By Christopher J. Terry www.LBRgroup.com.

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Presentation on theme: "Harness The Power of Multiple Time Frame Analysis to Identify Support and Resistance Commonalities By Christopher J. Terry www.LBRgroup.com."— Presentation transcript:

1 Harness The Power of Multiple Time Frame Analysis to Identify Support and Resistance Commonalities
By Christopher J. Terry

2 DOW THEORY 1. Primary Trend 2. Secondary Trend 3. Minor Trend
“Technical Analysis of Stock Trends 7th edition” – Robert D. Edwards and John Magee

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15 Retracement, Projection, and Extension Levels
Retracement Levels : Projection Levels : %, 41.40, % , % Extension Levels : %, , %, %

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28 LBR Holy Grail Trade The 14 period ADX is above 30 and rising. This will identify a strongly trending market. Look for a retracement to the 20 period exponential moving average, the ADX will usually turn down on the retracement. Enter a buy or a sell when the price retraces to the 20 ema.

29 LBR First Cross Trade The 3/10 OSCILLATOR
Subtracting a 10-period simple moving average from a 3-period simple moving average creates the 3/10 oscillator. FIRST CROSS BUY/SELL It occurs when the “trend” line first crosses from below the zero line to the positive area and then the 3/10 oscillator pulls back to BELOW the zero line. This would indicate an initial BUY condition. ( Sells are reversed)

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32 Grail Buy and First Cross Buy

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41 Chris@LBRgroup.com www.LBRgroup.com


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