How Do You Determine the Long-term Trend?

P

Peter brandley

How do you determine the long-term trend on a daily price chart?

Do you currently consider the S&Ps to be in an uptrend?

Do you employ long-term trend filters in your trading?

:cool:
 
Quote from Peter brandley:

How do you determine the ... trend ... ?
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I used to struggle with this... but then I realized (through education) it doesn't really matter.

All that matters is that you have a well defined plan/edge and you follow it. There are as many methods as there are traders.

To me trend is up if we are trading above a 20 period EMA.
 
Quote from Peter brandley:

How do you determine the long-term trend on a daily price chart?

Do you currently consider the S&Ps to be in an uptrend?

Do you employ long-term trend filters in your trading?

:cool:
More...

A common way... slope of 200 day moving average... but not especially useful for taking trading risk most of the time
 
Quote from masterm1ne:

I used to struggle with this... but then I realized (through education) it doesn't really matter.

All that matters is that you have a well defined plan/edge and you follow it. There are as many methods as there are traders.

To me trend is up if we are trading above a 20 period EMA.
More...

When I put an ema . QT puts 9 as default. Has 9 got any significance?
 
trading , good trading that is, shouldn't depend on this as it's impossible to do .. if one could determine a 'trend' one wouldn't need anything else - just an entry with the determined trend and you are a winner .. however some papers recommend trading 180 or 364 day high - your chances of winning will increase but it's too long for me personally..
 
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