How to identify global trend

FX:EURUSD   Euro / U.S. Dollar
Hello Traders!

To find out if price is in bullish or bearish global trend a half year ACD should be applied.
Only half yearly Initial Balance can do this.


If weekly price stays primarily BELOW HALF YEARLY OPENING RANGE (INITIAL BALANCE - IB ) AND in-between IB and lower A-PIVOT = BEAR MARKET
If weekly price stays primarily ABOVE HALF YEARLY OPENING RANGE (INITIAL BALANCE - IB ) AND in-between IB and upper A-PIOVOT = BULL MARKET

If price moves into the opposite zone and manages to stay (!) there for a few weeks (time factor, spike is not enough) then a trend change is on the way in the next half year.

As you can see EURUSD´s macro trend is BEARISH and we already broke half yearly A-PIVOT.

Fisher describes Opening Range ( IB ) as FULCRUM. It holds the market. Without it things collapse.

And as you see Half Yearly A-PIVOT breakouts are MASSIVE! One can not detect those by applying yearly opening ranges.
Also here, you can often observe similar loop post-breakout patterns as with yearly A breakouts.

I hope this technique will save you from many loosing trades! God bless!



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