Ep. 614: Two Trading Legends with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make a Modification of an Indicator
If the bar before a breakout, whether it's a one minute, daily, week or whatever, is a down close, an upside breakout, it's more likely to be a legitimate breakout. If you have an up close day before a 40-day breakout, you can almost sell that. And if our turtle approach takes hold, we're going to see some pretty big moves in this market over the next few months.
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