learningfx Posted September 29, 2009 Report Share Posted September 29, 2009 Hi, For all trade, we need to know the main trend direction, up ,down or sideway. How do you (any guru/expert) determine the main direction of the trend ? I using a MA of 10 for the week but also depend on the candlestick formation. ^:)^ Quote Link to comment Share on other sites More sharing options...
ladder105 Posted September 30, 2009 Report Share Posted September 30, 2009 Re: How you determine the trend from daily or weekly chart? I am a big fan of price action........... A good person to read about in finding a trend is Joe Ross........ He has a wealth of information on defining a trend and consolidation. I hope this helps... Ladder105 Quote Link to comment Share on other sites More sharing options...
dr0o69 Posted September 30, 2009 Report Share Posted September 30, 2009 (edited) Re: How you determine the trend from daily or weekly chart? thank you indo-investasi... now i become a better trader... Edited August 7, 2010 by dr0o69 Quote Link to comment Share on other sites More sharing options...
Egwig Posted October 8, 2009 Report Share Posted October 8, 2009 Re: How you determine the trend from daily or weekly chart? Hi everybody. I have always found this indie to be most useful. Drop it onto any chart and you have a good idea of the trend on every time frame on that currency pair. Very helpful. Egwig duh...how do I attach it??? :-/ Quote Link to comment Share on other sites More sharing options...
alfawoong Posted October 8, 2009 Report Share Posted October 8, 2009 Re: How you determine the trend from daily or weekly chart? Daryl Guppy's trend trading book is a very good guide on trend trading via Guppy moving avg, darvas, etc.. Nonetheless, the key issue is matching the tools with our internal pyschology.. :) kegorixesa 1 Quote Link to comment Share on other sites More sharing options...
awsl Posted October 9, 2009 Report Share Posted October 9, 2009 Re: How you determine the trend from daily or weekly chart? I am using the Hector traders 30,50,100 MA to determine the main trend. the area between 30 & 50 is a good support or resistance. Quote Link to comment Share on other sites More sharing options...
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