It filters out "counter-trend" traps where a small trendline looks good but is actually pushing against a much stronger market force.
Part 1: The Anatomy of a High-Probability Trendline (Secrets 1-5)
There are three main types of trendlines:
The highest‑probability trades occur when trendlines on multiple timeframes point in the same direction.
A counter trendline draws along the minor trend moving opposite to the major direction. When a major bearish trend is supported by a descending trendline on the daily chart, you may draw an ascending counter trendline on the 4‑hour or 1‑hour chart to catch minor pullbacks.
: Look for trendline breaks, as these can be used to identify potential trading opportunities.
: Look for trendline clusters, as these can indicate a strong trend.
When analyzing long-term trends or assets with massive price volatility (like growth stocks or crypto), always switch your charts from a linear scale to a logarithmic scale. Linear charts distort trendlines over large price ranges, while logarithmic scales maintain percentage-proportional spacing, revealing hidden macro support zones. 5. Multi-Timeframe Confluence
AM I GOING TO HAVE TO PRINT THE PDF FILE IT CREATED?
If you file your tax return electronically, you should not have to print it. You can keep an electronic copy for your tax records.
I am seeing conflicting information about the standard deduction for a single senior tax payer. In one place it says $$16,550. and in another it says $15,000.00. Which is correct?
For a single taxpayer, the standard deduction (for 2024) is $14,600. For a taxpayer who is either legally blind or age 65 or older, the standard deduction is $16,550. For a taxpayer who is both legally blind AND age 65 or older, the standard deduction is $18,500.
For 2025, the standard deduction for single taxpayers (without adjustments for age or blindness) is $15,000.