08-07-2006, 02:05 AM
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| [Understanding the TRIN] by The Lab
This is a tutorial explaining the TRIN. Remember the TRIN has an inverse relationship with price. Although many trading books will teach you the that TRIN shows how bullish or bearish the market is, this is not the correct way to analyze this useful indicator. The numbers bullish below 0.6 or bearish above 1.0 are not that important. What is important is the TREND of the TRIN. When the TRIN is choppy, you can always wait for the breakout of the TRIN. Range breakouts of the TRIN are one of the most powerful trading setups that you can use. CLICK HERE TO VIEW VIDEO
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Last edited by Soultrader; 12-17-2007 at 02:06 PM.
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