How can you tell when the trend is over?

Discussion in 'Technical Analysis' started by mute9003, Jan 10, 2023.

  1. MarkBrown

    MarkBrown

    trend to me is momentum that agrees with the current momentum.

    the problem is often getting rid of the lag which detecting momentum induces.


    [​IMG]
     
    #141     Aug 21, 2023
  2. Redneck

    Redneck

    Better question yet:

    How can one tell it is a trend - LOL (truly - unless it a zero - over time a case can be made for most any instrument.... - look!!! it an uptrend..., no wait it a downtrend..., oh shit it in a range..., no damnit it chopping)

    Ever seen price goin up..., when it actually going down

    How bout moving down..., when it actually going up

    and sideways - that always a fun topic

    =====================================

    imo - better to think in tradeable moves

    How to identify - pick a F'n trading TF (which one doesn't really matter so long as it fits your eye)

    Next, use context to frame price up )

    Keep said context to a minimum - nothing more confusing than a mucked up chart...

    And oh yeah - draw enough lines / bullshit - something is bound to work - to which I would reply... you're missing the point entirely


    Then permit price to be your guide



    As one does this - one will pick up cues (call em sign posts / markers/ chicken and dumplings - it really doesn't matter)..., as to when price will keep going..., rest..., pull back / create a new swing H/L / reverse


    Not rocket science - just read the damn map / story / sign post - whatever term one wants to label it - then do what price is telling you


    Use a stop loss for when a trade doesn't work - and know some won't


    RN
     
    #142     Aug 21, 2023
    murray t turtle and Leob like this.
  3. Leob

    Leob

    :thumbsup:
     
    #143     Aug 21, 2023
  4. %%
    Good trend\
    probabilities matter much more/ than any angle or prediction:caution::caution:
     
    #144     Aug 22, 2023
    MarkBrown likes this.