Quote from steve46:
In my opinion, whenever a higher high and higher low occurs, or whenever a lower high and lower low occurs in succession, trending behavior is occuring. To the extent that this behavior continues, a trend is occuring.
I am not too concerned with an individual's opinion of the defintion of "trend" That was a good effort nonetheless.
Perhaps one could examine the dictionary's definition of the word, and work on from there.
"Trend
1. The general direction in which something tends to move.
2. A general tendency or inclination. See Synonyms at tendency.
3. Current style; vogue: the latest trend in fashion.
intr.v. trend·ed, trend·ing, trends
1. To extend, incline, or veer in a specified direction: The prevailing wind trends east-northeast.
2. To show a general tendency; tend: âThe gender gap was trending downâ (James J. Kilpatrick)." (
http://dictionary.reference.com/browse/trend)
"A trend is a general drift or tendency in a set of data. All measurements of trend involve taking a current reading and a historical reading and comparing them. If the current reading is higher than the historical reading, we have an up-trend. If lower, we have a down-trend. In the improbable event of an exact match, we have a sideways trend." (
http://www.seykota.com/tribe/TSP/Trends/index.htm)
Ed is by no means, a dictionary, but I find his definition of the word useful for discussion here. Why the usage of the phrase, "higher highs, lower lows", when one can by a simple subtraction, determine the direction of the trend, according to his definition?