Recent content by effkay

I take it you're a Burton Malkiel follower?!

Thanks mate! Any other comments?! Any suggestions? What did you think of the article?

To be perfectly honest, I'm not sure I understand most of what you said, but thanks anyway.

:p I don't really know what else you wanted me to say!! :)

The crudest way is to eyeball them, if not, think about what defines a trend for you, and look for markets that fit those criteria more than others, it's not that complicated, you just have to decide what you're after!

Well that's a problem with trend following techniques, and not my idea. It is however very possible to trade trends provided the market you trade trends well. I think this is the problem with most trend followers, they don't pick their markets well. Anyhow all markets are trending on some...

Isn't that the point of trend trading? Late in late out, catch the big part of the move? So getting in late should never worry a trend follower in my opinion.

Encyclopedia of Technical Indicators by Colby.

Take a look at guppy moving averages, they tend to be quite useful in identifiying trend.

My thoughts on targets is that you cannot set one and keep winning. Let's take an example where a trader wants to make $500 a week, on monday he makes $200, what a bonus day!! on tuesday he make $100, right on target!! on wednesday, he makes nothing, no problems, still on target on...

I've had a quick look over your charts mate, and they all seem to be triangle breakouts, triangle breakouts are a very special type of trendline break, when the market forms a triangle, the trading range is tightening, and therefore a break in one direction has to occur. I think that when...

As I said before trendlines are useful for exits, as they only show the rate of the trend and nothing else, I have written an article on basic TA, all feedback is appreciated.

The simplest way to draw a trendline is to take two swing lows and join them up and extend the line into the future, or use swing highs to draw an upper trendline, technically it should be 3 points to draw a trendline, but I don't see why it should be as you are just getting a rate of change.

Without going thorugh this entire thread, I think the important thing to remember is what trendlines are, they are a gradient showing the strength of a trend, and nothing more, therefore I recommend that you never use trendline breaks to enter positions, but as exits, as it shows a decline in...