How to define a strong trend ?

Discussion in 'Technical Analysis' started by moonmist, Oct 28, 2012.

  1. neke

    neke

    You forgot to specify how your axes are calibrated :)
     
    #51     Dec 29, 2012
  2. the1

    the1

    Measuring volatility over a period of time is the best way to catch the early part of a trend. As volatility drops the trends but you have to have a reference point, which is why you need to collect data and do some number crunching.
     
    #52     Dec 29, 2012
  3. Use a Gann 1 x 1 line
     
    #53     Dec 29, 2012
  4. neke

    neke

    From what I read, Gann gave no indication of how many price units constitute one price point / time period. So angle is still pretty much subjective

    http://en.wikipedia.org/wiki/Gann_angles
     
    #54     Dec 29, 2012
  5. themickey

    themickey

    In geometry, you cannot mix different units of a triangle to arrive at an answer.

    Geometric Triangles etc need to be measured distance x distance, or time x time, or weight x weight etc.
    You can't mix distance x time or apples with oranges.

    Gann was a con artist! Sleight of hand snake oil salesman in my opinion.

    Then there is the issue of linear vs logarithmic units of price.
    Either one will give you a difference in the trend line angles.
     
    #55     Dec 29, 2012
  6. moonmist

    moonmist


    Yes, I believe EMA's are the most important indicators. I am still learning how to read it correctly.

    I use the momentum indicators mainly for the entry, not the exit.
     
    #56     Dec 30, 2012