How you determine the trend from daily or weekly chart?

[learningfx]

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.

 

^:)^

[ladder105]

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

[dr0o69]

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

[Egwig]

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??? :-/

[alfawoong]

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.. :)

[awsl]

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.