How can you tell when the trend is over?
- Thread starter mute9003
- Start date
Hey, big'n, have you considered entering that into a search engine?
You'd be surprised what you could learn...
Then you could return and report what you find after you do proper stats and pick your method.
...what are stats?
Well, prolly ought to search engine that too while you at it.
You not broke yet, so there's that high note.
I'm pretty sure we are looking at the same information. If we are looking at the same timeframe chart, we are looking at the same information.
My guess is you don't sell because you don't have a plan going into the trade or if you have a plan you are afraid of being wrong.
I look at where price has been and where it's going.
I look at how smoothly price moves and at what pace.
I look at where the majority of the trades take place.
I look for abnormal price and volume activity.
I've seen your posts and usually someone has given a reasonable answer to your questions. It may not agree with your beliefs so you probably ignore it.
You are way ahead of me, I have no idea where the top of the trend might be. All I can suggest is that you modify your trading plan so that you wait to enter a trade once the direction is confirmed.
knowing where the top is helps me with nothing
I cannspot changes in chart movement
So usually i have my finger on the trigger when it tops
I dont know where bottom is even though it would seem simple "the opposite of top" but its not
I pay attention to every reply but unfortunately the amount of degenerate trolls is mugh higher than useful comments so i just give up on trying to continue the topic..
Knowing where the top is only one part
Because when it tops out and eventually reverses down i sit there and watch and when i sell it almost always continues the run upwards and if i stay in the trade and "let the winners run" it runs downward instead..
So separating the pullback from reversal is what im trying to refine.
I cannspot changes in chart movement
So usually i have my finger on the trigger when it tops
I dont know where bottom is even though it would seem simple "the opposite of top" but its not
I pay attention to every reply but unfortunately the amount of degenerate trolls is mugh higher than useful comments so i just give up on trying to continue the topic..
Knowing where the top is only one part
Because when it tops out and eventually reverses down i sit there and watch and when i sell it almost always continues the run upwards and if i stay in the trade and "let the winners run" it runs downward instead..
So separating the pullback from reversal is what im trying to refine.
To me it was easy to spot the tops since i started looking at charts. Thats how my brain works i guess it can process that
But it cant process the retracement move
What im digging for is someone's process when looking at that specific part of chart to see how it differs from mine
Because i can tell you exactly what goes on in my head when i see tops
But right after that my brain turns off and i cant make sense of it
But it cant process the retracement move
What im digging for is someone's process when looking at that specific part of chart to see how it differs from mine
Because i can tell you exactly what goes on in my head when i see tops
But right after that my brain turns off and i cant make sense of it
Divergence
MACD cross/zero line test
oscillator extremes?
candlestick pattern (triples, doubles, single (hammer, star))
That's just pulling it randomly out of my ass...
If I could show you a fully mechanical process for determining when a trend is over would you be interested, 9003?
screw 9003 i wanna see it!
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here is something very easy
20 period moving average and a 8 period moving average
yellow box pullback go with trend direction - send ck when rich.
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