Keep in mind that when I use the word “follow” I’m not just talking about trailing along behind a market. The word is describing an experience of setting yourself aside and learning from what they are doing. Using a simple swing framework, we learned a few ways we could trade the S&P E-Mini and AUD/USD that we were following. This month we will follow Soybean futures which have been running up smoothly and USD/CAD which has been running down smoothly.
Andrews Median Lines
Following Live: Theory Into Practice. June 2020
First, we review last month’s Copper futures and the AUD/JPY to see what we can learn. Keep in mind that I set these up as a vehicle so others can learn in their own experience from price flow as it unfolds. You start with the instructions for mapping swings and then learn to see beyond the instructions how swings swing and how you can read and trade them. This month we will follow the Russel Futures and USD/CAD.
Andrews Median Lines: The Reverse Median Line
All Median Line sets describe the process of a swing cycle. The Reverse Median Line set starts where this swing cycle process ends. In this video, I show how to draw it and the main 2 purposes for drawing it, to capture the “try” trade, or to use it as a center-line.