What is a trend? - page 47
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A trend that has been going on for 15 months without reversals :
.
If you look carefully, you can find such remarkable areas on many instruments.
I wonder if these great mathematicians could have developed the Grail or would they have blown it in real life too?
I know one such highly skilled specialist and once asked him about it, I said why don't you calculate your own TS and trade robot - he replied that he likes doing maths and teaching it to others. He has enough to live on, to travel too, he has students all over the world, so on and so forth.
I do not know about other people.Can you give a comprehensive definition?
How do you personally determine when it started and when it went into a flat phase (if it's not a trade secret D)
The author incorrectly asked the question, not what is a Trend, but how do you define a Trend, its end and the beginning of a new Trend (opposite)...
The author incorrectly asked the question, not what a Trend is, but how do you define a Trend, its end and the beginning of a new Trend(opposite)...
If you define it, you already know what it is.
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What is a trend?
Ivan Butko, 2017.08.24 17:21
Can you give a comprehensive definition?...
OK, we trade on trend reversals.
Now here's a question: why do trends reverse?
Why is the price going in one direction, and then suddenly turns around and goes for a long time in the opposite direction?
Have you investigated this issue? Maybe some economic news are released at these moments, that could reverse the trend? Or macroeconomic statistics are released by countries, that trigger some action by investors?
Okay, we're trading on trend reversals.
Now here's a question: why do trends reverse?
Why does price go in one direction and then suddenly turn around and go in the opposite direction for a long time?
Really?
Buy anything from the current
Turn around
.
Turn around
.
Already since 6 Oct.
The analysis on the weekly chart gives an upward trend, so the decline on the daily chart can be assessed as a flat... for now... or a pullback... But it's too early to talk about a reversal...