This statement is 100% incorrect if you have strictly defined the parameters of reading the trend of that particular chart.
Please excuse the distractions. I'm watching KY & FL do battle on the hardwood. lol When I think of Slope I think of a degree of assent or decline and that has nothing to do with determining when a trend will end.
I have to disagree again. The slope aka: dD/dT... has everything to do with recognizing beginnings, durations, and ends. I don't believe there is more refined measurement to determining this!
That's quite an assertion. Can you prove this a) Empirically, i.e., show you've tested every combination of charts/chart reading techniques/indicators (or a sufficiently large sample) and found that none can tell you the trend failure point? b) Deductively, i.e., lead us through a series of verifiably true statements that reaches this conclusion? If not, you simply have an assertion/opinion, which you're entitled to, of course.
Trend. "As a tool, projection (LR&bands aka: trend channel) can be used to scope out the possibilities, where by an anticipation of events can then be considered." I agree but defining specific actions that need to take place before a change in trend can take place, both at a Minor and at extreme oscillations, will improve the expectation of the current trend completing.
See your losing me here. In sense, from my perspective your contridicting yourself, and it's got me riddled. I'll refer to what I said earlier... Edit: Also let me add that I personally don't use "price" as a variable, to trade with. But the vars that drive "price"
If a minimum difference between present and approaching price could be calculated using public methods based on preceding price action, then, according to efficiency theory, that difference between current and predictable future price would close instantly, leaving no exploitable opportunity.