On a frame (time-based/data-based), price is alternating between trending and ranging. Ranging can only be known only after it happen. The only way, in my experience, to detect potential ranging will happen is divergence in oscillator indicator. Price movement is fractal. Price can be ranging on a frame but trending on higher and lower frames.
Just 1 bar in advance. But don't worry, I'm not here to divulge it. I plan to take it to my grave. LOL
Avalanche too starts with a small snow ball. Whether it's a fractal of random movement or not, there's definitely a cascade of reactions as the damn things becomes an avalanche with every second. By the same token, you might have been the catalyst, but the trend will be created ultimately by those higher up, eg. higher TF
You mean those masters of hindsight analysis? LMAO Anyway, I promised not to get off track, so quit asking BS questions.
Hello schizo, Accurate do you need to know when range or trend is coming everyday? Do you need to always get it right? What are you trying to do here man?
Since some of you actually like hindsight analysis, why don't we do that. This is the 5-minute chart of ES today. Now let's break it down into 4 sections by corresponding trend. Could you have anticipated the trend in advance? I drew in the support/resistance for reference. This first one would have been tricky in real time, although in hindsight I see it clearly. This second chart should be obvious. This following chart also lined up pretty much to the T to previous S/R. And finally, it retraces back up to the previous S/R. At least that's what you should have done. But I also don't discount the fact that everything is so much easier in hindsight.
Good Morning Dollardogs, Thank you buddy. All I can do is be honest and share my thoughts and experiences in the lion's den of trading. I approach trading day-to-day with only 1 objective, get rich quickly, and eat every night while getting rich quickly.