[Trading Tip] Follow the Path of Least Resistance

What is the path of least resistance? This is not a term you would normally see in a trading book, but it's one that I use to help put the current price action in perspective.Let me give an analogy that will explain what I mean by following the path of least resistance in trading.Several years ago I was hiking in Rocky Mountain National Park in Colorado. As I was hiking a trail, about 12,000 feet up, I passed by a large waterfall. As I hiked along the path above the waterfall, I reached a bridge and paused to take some pictures. What caught my attention was when I looked away from the waterfall to see how it started.It started as a small stream, meandering its way down, similar to the way a trend in the markets often starts, quietly