What is a trend? How do you know for certain it's a trend? I do not know, but sometimes some reference line can be helpful
Trying to define a trend is much like trying to define pornography. You know it when you see it.
What is a trend? How do you know for certain it's a trend? I do not know, but sometimes some reference line can be helpful
%%%%%%%%%%%%%%%Trying to define a trend is much like trying to define pornography. You know it when you see it.
no---trend is found without indicators or lines. It is found by price and price alone unless the signal is so strong that it cannot be ignored. Prices higher---trend is up, ---Prices lower--trend is down. Then make entries on shorter term charts. For example-- want to to trade the 1 minute chart? Look at 60 min for trend identification, then look at 15 min , 5 min and then make your entries and exits on the 1 minute chart. Do not trade counter to the tremd on the 60 min chart unless the signal is so strong that it cannot be ignored. It would be best to have 15 and 5 concur with the 1 minute, but it is not totally necessary except when deciding how long to let the trade run. All agree, then let it run farther. I can let you know about one of the keys to the kingdom, because it is unlikely that anyone will follow tenet
onthly lookslike a nice full trend on the daily.
Therefore, you must defint which TF is your trading TF and which Tfs is important to define the trend.

DUHYou cannot define a thrend without knowing which timeframe we are talking of.
Therefore, you must define which TF is your trading TF and which Tfs is important to define the trend.