As the topic suggests, I would like to ask a lot of you what is your definition of a trend. I'm hoping to find out the following:
1)At what point do you decide when a trend has started.
2)How do you decide that the trend is about to end.
3)How do you decide that the trend is sideways.
Please do include your reasons. It would probably include information like indicators used, time frame, PA. If you are a fundamentalist, please explain how you determine the trend.
I do not mind if you are a scalper or long term trader. I want to know how you determine your trend. My guess is the people making money are very good at determining trends and I would like to learn a few things.
If you can post pictures even better
Thx and regards.
1)At what point do you decide when a trend has started.
2)How do you decide that the trend is about to end.
3)How do you decide that the trend is sideways.
Please do include your reasons. It would probably include information like indicators used, time frame, PA. If you are a fundamentalist, please explain how you determine the trend.
I do not mind if you are a scalper or long term trader. I want to know how you determine your trend. My guess is the people making money are very good at determining trends and I would like to learn a few things.
If you can post pictures even better
Thx and regards.