How to Identify the Good and True Trend

1 BB will widen up
2 check candlestick for a strong reversal signal, if it happens
3 check stochastic, wait for the lines to cross and go down from 80 & above to sell or go up from 20 & below to buy
4 rsi should be dipping from 70 or above to sell or move up from 30 or below to buy
if the above conditions satisfy trend starting, wait for the next candlestick to confirm (going along the trend) buy now

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Originally Posted by mayengbam

1 BB will widen up
2 check candlestick for a strong reversal signal, if it happens
3 check stochastic, wait for the lines to cross and go down from 80 & above to sell or go up from 20 & below to buy
4 rsi should be dipping from 70 or above to sell or move up from 30 or below to buy
if the above conditions satisfy trend starting, wait for the next candlestick to confirm (going along the trend) buy now

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I want to ask for you to mouseover indicator Bolinger bands there as anything because my understanding of this institution Bolinger bands we used to see the condition sidway and trading?

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Originally Posted by mayengbam

1 BB will widen up
2 check candlestick for a strong reversal signal, if it happens
3 check stochastic, wait for the lines to cross and go down from 80 & above to sell or go up from 20 & below to buy
4 rsi should be dipping from 70 or above to sell or move up from 30 or below to buy
if the above conditions satisfy trend starting, wait for the next candlestick to confirm (going along the trend) buy now

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so you just identify the trend with indicators? for me my eyes is the best indicator to identify the good and true trend.

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Originally Posted by mayengbam

1 BB will widen up
2 check candlestick for a strong reversal signal, if it happens
3 check stochastic, wait for the lines to cross and go down from 80 & above to sell or go up from 20 & below to buy
4 rsi should be dipping from 70 or above to sell or move up from 30 or below to buy
if the above conditions satisfy trend starting, wait for the next candlestick to confirm (going along the trend) buy now

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yea but a start of strong trend is found only when the BB is getting narrower and squeezing.
if BB is wider it means the trend started and price is moving.

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Originally Posted by pivot-trader

so you just identify the trend with indicators? for me my eyes is the best indicator to identify the good and true trend.

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Another indicator that you are not more powerful than your eyes because the eye can see chrart and about it other than an indicator of what the eye then you used to conduct market analysis

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Originally Posted by denira

Another indicator that you are not more powerful than your eyes because the eye can see chrart and about it other than an indicator of what the eye then you used to conduct market analysis

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another it, our brains is the important indicator for us. combining eyes and brain is powerfull indicators.

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Originally Posted by zoomfire

yea but a start of strong trend is found only when the BB is getting narrower and squeezing.
if BB is wider it means the trend started and price is moving.

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thats true but for confirmation you have to see the widening that what i do but it depends on the trader to make the decision. anyway happy trading and enoy yourself only then we can make good decisions

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Originally Posted by mayengbam

thats true but for confirmation you have to see the widening that what i do but it depends on the trader to make the decision. anyway happy trading and enoy yourself only then we can make good decisions

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your say is right. decision is part of pshycologi. if ours pshycologi is good, the result of trading also good too.

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Originally Posted by mayengbam

thats true but for confirmation you have to see the widening that what i do but it depends on the trader to make the decision. anyway happy trading and enoy yourself only then we can make good decisions

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well mostly its always wise to enter the market before the trend starts.Because if the BB has widened means the trend is strong.And if we enter trade,there might also be possibility for the trend to stop or reverse.so a compressed BB indicates soon a big trend is going to break out.

I strongly agree with your points brother..
Good trend can only be identified by various technical studies including lots of indicators and its always advisable to trade in the direction of trend otherwise you will not be able to handle your deals..