Dr. Barry Burns, founder of Top Dog Trading and author of Trend Trading for Dummies, walks Chris Vecchio through the five energies framework he checks before any entry: trend, momentum, cycles, support and resistance. His rule is that no single one of them means anything on its own, so he only acts when the evidence stacks up together, and only early in a new, strong trend.
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Chapters
00:00 The five energies, defined
00:38 Swing options, day trade futures
01:34 Early or late in the trend
02:22 Trend is only one piece
03:35 Trading like a court case
04:23 Eliminate the word know
05:15 Momentum and the strong trend
06:29 Buying support, taking profits
07:24 Why cycles fell out of favor
09:23 The cycle low entry
10:25 Fractal energy and timeframes
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