from my experience i can tell you that a real trend should be drawn to at least three tops or three bottoms of three candles which have a good space between each other.
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from my experience i can tell you that a real trend should be drawn to at least three tops or three bottoms of three candles which have a good space between each other.
how to determine the trend will likely vary each trader,
for me personally, I determine the trend by using the trendline
when High higher than the previous high is happening now, so I call it a downtrend, (at least 2 high is lower than the highest high) and vice versa, then I pull the trendline from the high / low to high / low nearby, only that
dealing with sight and minds indicates we are dealing with a excellent research. and dealing with center and emotions indicates we are based upon more on fortune and its gambling i think. so the outcomes will always be different
there are a lot of ways with which traders determine trends in the market which make it really difficult to pin point an actual true way to do this but you can test different tools and try to adjust their parameters to check for more accuracy.
you are not more highly effective than your sight because the eye can see chrart and about it other than an indication of what the eye then you used to perform industry research .
Yes, Forex is a good business. As a newbie, i advice you not to view only the benefits of Forex trading but also the bad sides called losses and margin call that might also come with it. It is a risky business, be sure to accept this before you invest your money.
with the psychological condition satisfied and relaxed we are able to evaluate with best buddies and I are going to keep the pc when my feelings were bad
many times, i identify the good trend using trendline and support and resistent. sometimes i can make a mistake and the trend is againts me, but we must know that market many times become unpredictable
for me to identify the trend in my chart use stochastic indicator and combine with pivot point, when price on S2 and R2 ussually price in area overbought and oversold. just like that only.