POLL - Futures: How do you determine the trend?

[Charlie Dow]

Quote from hans37:I get you claim alzheimers now huh?
The implication clearly is that 2 points are not sufficient but more or something else is useful in determining price.

So tell me linus when does an an oscillation become a trend? [/B]

I guess a picture speaks a thousand words . . . If you listen. Here is a specific ridged Volume Bar Chart of the Emini S&P for a little over a month. This is MY TRADING ENVIRONMENT.

My verification of the beginning of uptrend came between the afternoon of the 20th through the 21st. My confirmation of the Bull Trend came the afternoon of the 24th about an hour before the close. From that point in time my whole concentration has been buying Minor bottoms and will stay that way until Price creates an oscillation that fails to make a Higher High.

If this is too hard for you to comprehend, I could use crayons to spell it out.

 

[easyrider]

Strange how this debate never ends. I trade pullbacks in a "trend". I define trend as higher highs, higher lows, etc. I agree with Charlie that trends are chart specific and I agree with Surf that I wouldnt trade trends longer term but intraday I wait for a "trend" to form and wait for a pullback and am confident that the odds will favor a resumption of the "trend" or a test of last swing more than 50% of the time and the results seem to verify this approach. Not really too complicated.

 

[hans37]

Quote from easyrider:

Strange how this debate never ends. I trade pullbacks in a "trend". I define trend as higher highs, higher lows, etc. I agree with Charlie that trends are chart specific and I agree with Surf that I wouldnt trade trends longer term but intraday I wait for a "trend" to form and wait for a pullback and am confident that the odds will favor a resumption of the "trend" or a test of last swing more than 50% of the time and the results seem to verify this approach. Not really too complicated.

In other words you wait for the trend to end before you get in ,and hope it resumes once you do.

Hey that's okay I try to catch falling knives.

 

[easyrider]

How would I know the trend has ended? Are you saying every time price reverses the trend has ended?

 

[hans37]

Quote from easyrider:

How would I know the trend has ended?

How do you know if you have a pullback?

 

[easyrider]

Certain conditions have to be met, then I place a bet that it will resume the initial direction. I am often wrong.

 

[marketsurfer]

Quote from easyrider:

Certain conditions have to be met, then I place a bet that it will resume the initial direction. I am often wrong.

hey easy,

have you tried doing the opposite--selling when the pullback begins?

surfer

 

[easyrider]

Quote from marketsurfer:

hey easy,

have you tried doing the opposite--selling when the pullback begins?

surfer

LOL. Youre sounding like Jack now. I am trying to learn how to do that but so far I havent figured it out. I stick to the easy stuff.

 

[marketsurfer]

Quote from Charlie Dow:

I like that better.

Charles,

i see you are listed as a partner with multi-charts and have rehabed your website.

surfer :eek:

 

[marketsurfer]

Quote from easyrider:

LOL. Youre sounding like Jack now. I am trying to learn how to do that but so far I havent figured it out. I stick to the easy stuff.

PLEASEEE! not jack......

LOL !


if it works, that is all that matters.

best,

surfer