how do i know if trend reversed in a bear market vs bull market?

[notagain]

NQ 1,000 points away from the 200 weekly moving average.
When everyone's bearish.....you know the thing.

 

[Overnight]

NQ 1,000 points away from the 200 weekly moving average.
When everyone's bearish.....you know the thing.

The market is too psychotic to allow that analogy to stand. Bring it to Mr. Kite!

 

[mute9003]

I have tradingview

 

[Trader Curt]

I have tradingview

Then use it

 

[guest_trader_1]

There's one easy way to know it, when everyone is talking about the 'recovery' and I missed it.

 

[David's faith]

Volume spike, no new low after retests, fed support

Same thought

 

[legionx]

Trend Reversals? Harmonic Patterns.com can give you an Idea. Just be aware that reversals are minor... to major in that range. Someone looking at a 1 min chart gets trend reversal a lot more vs someone looking at the hr chart. Confidence is finding the easiest strategy while following your moneymanagement rules. The easiest strategy should/could be your baseline to build your confidence. From there you can work on ratios like 1:1, 1:2... or fib levels, moving stops after certain levels etc. Good Luck.

 

[bln]

One may look and try to see the general characteristics of the market as a whole.

Bull: upward grinding market with sharp/violent corrections to the down side

Bear: downward grinding market with sharp/violent corrections to the up side

 

[sridhga]

You never know for sure. You have to use a stop loss to cover your ass for all the times when you will be wrong.

Also bottom and top picking is very hard to pull off. Easier to trade with the trend.

Above one is the best answer for the OP's question.

On the other hand, if one managed to figure out if an on-going move is a pullback or a reversal, then one had hit the trading nirvana.

 

[guest_trader_1]

Then use it

Helping people to use their own potential again?

We are so lucky to have you around...