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Use the following “Truncated Price Swing” day trading strategy for stocks, forex or futures. This strategy is best combined with trend analysis and understanding how trends function. For an introduction to trends, see Trading Impulse and Corrective Waves. This strategy not only provides a way to trade trends, and possible reversals, but helps you analyze the trend because you are forced to watch for higher/lower lows and highs in real-time, and then act them on.…
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