Sperandeo was unique because he heavily incorporated macroeconomics into his short-term and intermediate-term trading. He viewed government and Federal Reserve policies as the ultimate drivers of market trends. Amazon.inhttps://www.amazon.in TRADER VIC METHODS OF A WA Reviews & Ratings
The book provides practical visual setups to identify market reversals. Two of his most famous technical setups include: 1. The 1-2-3 Trend Reversal Method
This objective rule determines when a trend has officially changed direction. To spot a reversal from an uptrend to a downtrend, look for three specific events:
The price must break the established upward trendline.
The price falls below the previous minor low. Once this happens, the reversal is confirmed. 2. The 2B Pattern (The "Spring" or Fakeout)