How can you tell when the trend is over?

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

  1. easymon1

    easymon1

    I gotta give 9003 first right of refusal. If he turns it down,
     
    #31     Jan 10, 2023
    MarkBrown likes this.
  2. Peter8519

    Peter8519

    #32     Jan 10, 2023
    MarkBrown and expiated like this.
  3. Handle123

    Handle123

    LOL, RSI and MACD, I remember those, used to use them, you can go directly into poor house as divergences in strong trending market can show a dozens of divergences over years. And shorter the parameter, many false signals.

    Big traders and Pro's normally exit stair stepping up/down, you can see in reduction of volume as price going extreme, this better than indicators. Imho

    Using 20sma flattens out, can expect change in direct, don't know if it produces retracement to add on or major reversal.

    Learn to hedge for long term trades, covers your loses and learn how long to keep them, don't get married to them.

    All my entries are pattern recognition, where there is a difference are patterns not in books.
     
    #33     Jan 10, 2023
  4. easymon1

    easymon1

    MarkB, Handle's mention of RSI reminds me, did that wrsi divergence thing ever get backtested? Not a coder meself, but from the description it looked like it would not be slam dunk easy to code up.
     
    #34     Jan 10, 2023
    HawaiianIceberg and MarkBrown like this.
  5. MarkBrown

    MarkBrown

    it's still on my desktop to do list, out of my own curiosity i will get around to it sooner than latter..
     
    #35     Jan 10, 2023
    HawaiianIceberg likes this.
  6. ph1l

    ph1l

    Here is a video that describes a chart reading technique to find the end of a trend.
     
    #36     Jan 10, 2023
  7. TheDawn

    TheDawn

    How can you tell when the trend is over?

    -You can't. That's what stop-loss and hedgings are for.
     
    #37     Jan 10, 2023
    murray t turtle likes this.
  8. Darc

    Darc

    Did MarkBrown just steal my 8 & 20 Pullback idea @easymon1 ?

    But using 8 EMA and 20 SMA should produce better results shouldn't they?
     
    #38     Jan 10, 2023
  9. easymon1

    easymon1

    1. No.
    2. I don't know. Stats?
     
    Last edited: Jan 10, 2023
    #39     Jan 10, 2023
  10. Darc

    Darc

    Pullback lower Volume, finding Support on a Moving Average.
     
    #40     Jan 10, 2023