Trend is not a slang term. Trendiness can be anti-persistent, random or persistent. Trendiness is found in the presence of a power-law decay of the autocorrelation function of a time series. Anyone pursuing a trend-following strategy that does not differentiate b/t these regimes and does not adjust for time-varying volatility/irregularity is hurting their performance.
===================== Myseason; A tradeable move you can measure; for example, 50 day moving average ,takes 50 days... You can measure noise, or two raindrops; but i wouldnt call it a trend. A trend is that which is easier to id, than trade,LOL If you cant find a high probability way to measure a bear market or a down trend; maybe you could find a high probibility way of measuring a countertrend, in a bear market[bear rally].Not that a counter-trend is as useful as a trend, but still useful perhaps.........
after closing time if u see chart u will find very good trend.but in live market its seems like wild animal runing here and there and every body try to findout where this animal will go
You may find multiple trends in multiple time frames, but strong order flow is ultimatly what you're looking for. When multiple time frames from 1 to 20 days confirm a directional bias, you can expect strong follow through. Understanding the buying/selling pressure at such a point in time will give you the âedgeâ you need to bet big and go the distance. And isn't that what we're really talking about???