When a market is in a raging bull market traders know this and can exploit it.
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About 30% of the time a security will be in a definite trend.
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Next we will see a sudden burst from this range and this is the breakout.
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Would you like to forex professional system trading with foreign currency trading method and also forex trading stratiges and trade like a Pro!
We also can observe that prices once finding support or resistance will move ahead and away from the trend line then return to the trend line.
It is also not necessary for what I am trying to achieve and that is to give you a broad idea of how the markets work and some way to trade them.
The main point I want you to take away from the Dow theory is that there are three types of trends, a primary trend, a secondary trend and minor trends.