Where do the price action trends change on this chart?

[relocate]

Quote from Paddler:

What a chart! But you have jumped fractals. You do not know the subtle differences. That is why you do not feel support, comfort and confidence when you look at the chart.

It is just as confusing as Elliot waves, LOL.

HTH

Paddy,do you enjoy trading and earn at the same time?

 

[Paddler]

Quote from relocate:

Paddy,do you enjoy trading and earn at the same time?

Oh, you. No.

 

[murray t turtle]

Quote from 1a2b3cppp:

I have heard different people say different things about the number of HHs and HLs or LLs and LHs that are needed to have a trend.

Let's assume for the sake of discussion here that there are no double tops or bottoms.

Here is a chart of price behavior:

Each point has been numbered.

Look at the chart and say where you would define each trend based on the numbered areas.

For example:

- We are in a confirmed up trend beginning at point 5 and lasting through point 8

- downtrend from 10-11

- no trend from point 11 - 13

- uptrend from 16-17

etc.

I want to have a realistic discussion about price action that accounts for the fact that price doesn't always make nice HH/HL uptrends and LL/LH downtrends.

===============
\Long story short, asume that is a monthly chart or yearly[10 year, line chart]

Number 9 is the trend change

Dont assume thats a 5 minute chart;
that would be ''noise'' not a trend.Even Don Bright Trading does not care for a 5 minute chart.LOL, but true.....

 

[BobbiDigital]

Paddler,

Is 9 where it jumped fractals? Is jumping fractals when PA expands its range? #9 happened to form a LL but thats besides the point? Thanks.

BD


QUOTE]Quote from Paddler:

What a chart! But you have jumped fractals. You do not know the subtle differences. That is why you do not feel support, comfort and confidence when you look at the chart.

It is just as confusing as Elliot waves, LOL.

HTH [/QUOTE]

 

[frenchfry]

The trend changes ONLY on point 9? From long to short?

OK, where does it change again from short to long?

 

[Mysteron]

Quote from 1a2b3cppp:

I have heard different people say different things about the number of HHs and HLs or LLs and LHs that are needed to have a trend.

Let's assume for the sake of discussion here that there are no double tops or bottoms.

Here is a chart of price behavior:

Each point has been numbered.

Look at the chart and say where you would define each trend based on the numbered areas.

For example:

- We are in a confirmed up trend beginning at point 5 and lasting through point 8

- downtrend from 10-11

- no trend from point 11 - 13

- uptrend from 16-17

etc.

I want to have a realistic discussion about price action that accounts for the fact that price doesn't always make nice HH/HL uptrends and LL/LH downtrends.

There is nothing, I repeat for all those dumb enough to think otherwise (which so far appears to be everyone else), there is absolutely nothing in the diagram that is relevant to trading. There is no possible interpretation that is correct, or that could be correct.

Those of you who think that there is, are deceiving yourselves and engaging in fantasies.

 

[achilles28]

Quote from Mysteron:

There is nothing, I repeat for all those dumb enough to think otherwise (which so far appears to be everyone else), there is absolutely nothing in the diagram that is relevant to trading. There is no possible interpretation that is correct, or that could be correct.

Those of you who think that there is, are deceiving yourselves and engaging in fantasies.

ok....ill bite. what's ur edge? Money management?

 

[relocate]

Quote from Mysteron:

There is nothing, I repeat absolutely nothing in the diagram that is relevant to trading.

You are just a failure in this matter.

 

[heypa]

Buy the dip. Buy the f****king dip.

 

[relocate]

To the OP,

The Holy Universe is involved to explain that diagram.You expect what?Some one will lay it on you on a silver plate?Living the dream, baby.