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Definition of "trend"


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Definition of "trend"

  #1 (permalink)
 
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 shodson 
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Barry Burns has an interesting definition of what a trend is. It's not just about higher highs/higher lows or lower highs/lower lows.

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  #2 (permalink)
 
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 wh 
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shodson View Post
Barry Burns has an interesting definition of what a trend is. It's not just about higher highs/higher lows or lower highs/lower lows.

Play video lesson #1

stock market trading and forex trading strategy - 5_Day_Mini_Course_5final

i do simple trend trading and identification like this (see picture)

a trend has an correction / consolidation from 2 to 3 and a fast move from 3 to 2.

in a higher timeframe you have a correction you are between 2 to 3. so look in a smaller zone and you will see a new trend.

that is trend trading for me. as support i take mml, guppy mma and guppy consolidation filter see pics.

wh

i forget if you see in this pic.

each 34 pointo bar/brick is a trend in a big trend, if you look in smaller frames...
on higher frames you can better identifier trends.

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 websouth 
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Nice system WH.

here's an old ebook that describes the 1-2-3 system
https://www.earnforex.com:443/forex_e-books/trading_strategy/123system.pdf

You might find like the 3 line break indicator combined with yours.
Links and Downloads Manager - Indicators - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum

see the attached pict

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 wh 
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Nice chart websouth

my is with mod_ easc trend bars and mod_ ninjapriceaction

wh

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 wh 
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here some more infos on this thread

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Last Updated on August 17, 2009


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