The finest in trend trading - DEBUNKED

[system]

The finest in trend trading

[B]Hint[/B]

[B]Honorary FX Member, Tonymand[/B], in agreement with others has given a gem of a contribution…higher highs and lower lows.

This is a great general statement, but not detailed enough for our trading purposes.
However, we would do well to continue working with that contribution as a base framework!!

[U]Refinements needed…[/U]

1. What about retracements?

2. How many candles allowed in a retracement?

3. How big is a retracement allowed to be?

4. Consider trendlines.

5. What could constitute the begin of a trend?

6. What could constitute the end of a trend?

Lets keep trying…

[B]A trend in a given timeframe is…[/B]

…does price care about any of the above?

Does price care about begin & end, trend lines, retracements, amount of candles?
Does price care about allowances?

[B]Tonymand[/B] stated the obvious: [B][U]higher highs and lower lows[/U][/B]

What else is there?