How to determine the strength of a trend

Discussion in 'Technical Analysis' started by toby, Jul 4, 2005.

  1. toby


    ....besides the common use of ADX??

    Any idea?
  2. Put/Call ratio as the trend progresses.
  3. persama


    What about those non-optionable stocks? :confused:
  4. I only use it for the indexes I trade ------ sorry.
  5. kuepper


    OBV, money flow.. look at the action that drives the price...
  6. The ratio between high, low and time compared with the typical (long term average) volatility of the market. Examples for a single stock: high 135, low 100, time between high and low: 12 month -> average trend; high 150 -> overbought; high 120 -> correction.
  7. Place two LCDs, One for watching chart and another
    for watching porn.

    Let your sixth sense tell you this, if your are losing
    your erection, it might be high probability that trend
    is coming to an end :D
  8. Well, at least we know what Nana Trader is doing up at this late hour... :(
  9. Or it might prove that you lost your internet connection.

  10. I would get better erections from watching the LCD with the charts :D
    #10     Jul 4, 2005