How to correctly identify the trend with moving averages
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)