An up trend is present when prices make a series of higher highs and higher lows.
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These channels within channels are plotting the short, medium and long-term trend.
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They examine the charts for information on the future direction of the markets.
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The Market Has Three main Trends.
This is particularly true if you are waiting for a certain price to trade to confirm your view.
Exiting a Losing Trade The stop loss means that if a security trades a certain amount below or above where you entered the market an order is executed to close your position.