TradingView
BillionaireUnicorn
Aug 16, 2016 4:06 PM

How to recognise a trend. Silver example. 

Silver/U.S. DollarFXCM

Description

Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop.

Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over.
That's the difference between good profits or life changing fortunes... patience to hold your winning positions, and confidence to close your losses early.
Comments
almoni33
you drew a green line and wrote the uptrend -well but . that is very ugly dwarf trend has turned from 15 to 20 .... 5 usd per oz and finish ???
BillionaireUnicorn
No, it is a new uptrend developing. Higher highs and higher lows.
I can't draw the uptrend higher because it is unknown how much will it reach. Just follow the trend until it is over :)
almoni33
can't draw ?funny ..but . you predict ? then draw the green line is much higher
and if not true
then your reputation will be bad ...
this is the essence of the public forecast - my friend
More