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Strategy of the Triple Screen

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Alexander Elder in his book refers to that established by Charles Dow: The stock market have three trends (trend of long, medium and short term). To these three trends Robert Rhea, a technician from the thirties of last century, compares like a tide, a wave and a curl of the sea. It tells us that we have to operate in favor of the tide, taking advantage of waves for entry, and ignoring the curls.

 

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Trading Strategy – Triple Screen - Advanced

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