can anyone pls show me how to look for present trend, it would be great if you can show me how trend is calculated using all EUR/USD, GBP/USD, USD/JPY, GBP/JPY charts (preferably the charts are present!!) and how to know when trend reverses??
This is a small article about identifying a trend. Everyone will have different definitions of a trend. Due to different timeframes or how much movement defines the trend.
Some will try to identify what appears to be a trend, when really it is nothing more than increased or decreased movement inside a fixed range. ;o0
Can only flat line, range or trend.
Can we go as far as saying a trend inside of a range. ;o)
When all else fails stand up from the computer walk away from the computer then look back at the chart from across the room. ;o)
tymens getting lazy. lol
Trends can be seen on all time frames. The problem is the smaller the time the more fake outs you get. On a day chart I look for 3 days in a row. The 15 min chart I like to see an over all trend across the screen. Anything smaller has too much noise to find a trend. Actually you should not go lower than an hour to spot a trend.
And if kangi’s plan doesn’t work then just go outside and find the nearest 5 year old and ask them.