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  1. #11
    Moderator Kolyo's Avatar
    It is always subjective, especially on lower time frames and not exact science defining the trend lines, but as an art you can become more experienced and trained to spot them the right way. If you are on daily weekly charts almost impossible to mistake a real trend, but on lower time frames there are numerous microtrends, micro-countertrends etc etc which make the picture more unclear, but a trained person can easily define if we are in trending or ranging conditions. This is the most important. Once you know what is the situation than you can adapt your strategy for the given context.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  2. #12
    Legendry Member milos's Avatar
    The primary trend is easy to define.

  3. #13
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Kolyo View Post
    It is always subjective, especially on lower time frames and not exact science defining the trend lines, but as an art you can become more experienced and trained to spot them the right way. If you are on daily weekly charts almost impossible to mistake a real trend, but on lower time frames there are numerous microtrends, micro-countertrends etc etc which make the picture more unclear, but a trained person can easily define if we are in trending or ranging conditions. This is the most important. Once you know what is the situation than you can adapt your strategy for the given context.
    yes, and the trick is not to recognize a trend but to TRADE IT RIGHT

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