Firstly your question is poorly framed and so I will only be addressing it from the standpoint of the portion of your question that I have quoted. I am assuming we both are using the same definition of a down trend i.e. a series of lower highs and lower lows.Hi,
I read that we do not trade against the trend.
I would like to know if a stock chart is downtrending
Thanks for your returns.
Internet trading is not science. Science requires observe-ability and reproduce-ability. Nearly everyone claiming to be traders here, at the minimum, cannot even be observed to be trading. Some claim their pet bigfoot living in their shed does not permit showing of their trading.Trading is both art and science.
I assume you are referring to me with you "Bigfoot"coments, I agree with some of Brumbys comments. TA just doesn't happen, it has to be understood, observed, tweaked, tested backward and forward. Every trade I take is a mirror image of the conditions, every trade has a set stop, a set limit, its ability to "re-produce" as you state is extremely high. The conditions of every trade are the same, therefore the data I draw from that makes my statistical data very accurate and I can enter trades safe in the knowledge I will be successful.Internet trading is not science. Science requires observe-ability and reproduce-ability. Nearly everyone claiming to be traders here, at the minimum, cannot even be observed to be trading. Some claim their pet bigfoot living in their shed does not permit showing of their trading.
Go on then enter one and be successful. There's no way for anyone to deduce what you do from one trade. I have no interest on your "system", what I am interested is evidence of your trading.I can enter trades safe in the knowledge I will be successful.
Really? are you sure, spot the repetitious PA pattern?, whoops, it shouldn't happen, but a reality check for you Joe, it does, you just need to know what you are doing backed up by 15 years full time experience as a trader.no results could be reproduced by people using the same strategy. So he contradicts himself with regard to science.
Dino, a change of HA candle color can show up anywhere only to be followed by a return to previous color, and trend. I don't see the reliable entry in those charts you posted? Would you clarify to this dummy?Jo, you said it can't happen, whoops, happening right now on EURUSD and USDCAD, spot the pattern
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