How to Use Ghost Trendlines to Profit: GDXJ 12/10/19

A ghost trendline is a line that exerts its influence going into the future, even when it isn’t expected to. Jeff Cooper created the ghost trendline to avoid having to chase breakouts all the time. In this video, he goes over the lines and the benefits they give to traders. 

In this video, Jeff explains: 

  • Why Hit and Run subscribers may need to re-buy GDXJ quickly
  • How to use ghost lines to buy in the hole
  • How to recognize a Plus One, Minus Two buy position
  • What a 50-20 Bow Tie looks like in a chart
  • What happens if your ghost trendline predictions are wrong.