This defines a trend in such in clear terms that it applies to any time frame, any symbol, any market, any time of day.
Here are some definitions I have heard what is a trend
A trend demonstrates higher highs, or lower lows. Really? how many bars of "higher highs" or "lower lows" are required to define a trend?
The trend is your friend until it ends," because...
knowing the trend of your chart will help you not get headaches later on in the market.... Also lining them up with PRZ levels is an added bust to what you already know about the market.
If you have any questions please feel free to message me.
The price is edging up. If you look closely, you will see an Elliot 5 Wave impulse. If you know about fractals, you should have that in your trading arsenal because the Elliot Wave principle is a natural, sensational and accurate tool in 'forecasting' price action.
The waves move in harmony according to the Fibonacci patterns and spirals. The Fibonacci is the...
Check our post how to draw HH, HL, LL, LH and then compare with trend line. You will get very good trend presentation.
For confirmation also add MA 21 and EMA 8 indicators and check if the ema's crossed.
Check the example above to see the 3000 Pips trend move.
I could talk about price or something, but I'm not in the mood for that today. Instead, I'd like to share with you all how I use the stop and reverse points (SAR) to identify trends and give me an edge in trading.
Of course, we have all heard the phrase, "the trend is your friend." Well, it's true. Of course, trends break and at some point following...
Price on a given time frame is in an uptrend if it is making higher highs (HH) and higher lows (HL) and in a downtrend, if it is making lower highs (LH) and lower lows (LL). If the price is doing anything else, it is in a consolidation pattern – range, triangle, pennant, rectangle etc.
The trend is considered in place until price is no longer making higher highs...
Looking at the m15 chart only can lead you to have the correct idea but in the wrong place.
By looking at high time frame charts you get a better picture of when a trend is in place, when a trend is no longer working or when there is no trend and we're in a range.
On the attached charts a daily time frame (top left) has a defined up trend and at 1.6700 the trend...
Hey, I am back, this time with something, kinda unusual, and I dont know If you like this kind of stuff, but here is some education for you to make a better trading decision in your future!
Okay, so I would like to teach you a bit about MACD and how is this indicator connected to trendlines.
In this chart you can see three flags, each flag can be bullish or...
Hey tradomaniacs and becoming traders,
I love sharing my knowledge and wanna help everyone who is interested and trading. :-)
Check this "journal" and start to understand the market.
Most of us know how a trend works. BUT NOT WHY!
I hope this will help you out to understand and improves your abillity to indentify Trends.
Peace and happy...
IMPORTANT NOTE: If you are looking for a shortcut then this is not for you! This is for individuals who are enthusiastic about putting in the time and effort but may lack the structure.
I plan out my trades through in depth technical analysis, risk management and market research. I believe that consistency is the most important factor in regards to trading...
GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch)
MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames
Within opening bell wait for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope...
Its likely for the #BTC and other coins to #down #trend or at least keep sideway for sometime. As a trend following trader, We should not be looking for the dip to buy as it wont be a low risk entry point, espcially when #volume could be a misleading parameter for lower timeframes.
With some #technical #analysis grounds, proper #entry should be made when...
What follows is a 10min video of me giving you a peek at our latest iteration of 'Remora', a volume (only) based financial indicator....
Algorithm: Remora (because it allows even the smallest fish, to swim with the biggest sharks, without getting eaten by them. Ever.)
Version: v6 'Black Magic' Series (because we now have a new moving average...
So many people blame the unpredictable price moves on the whales. (As if the whales aren't investors, too). In lack of better words these people are blaming the unknown for their failure to understand the market's environment.
Not to mention spending hours or days over-analyzing a fake rally that is 100% going to deflate
So, Dogecoin Shill, what do I do to...