Trend Direction Question for a newb, Please Help

Apr 3, 2017
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#16
You've just drawn 'subjective trend lines after the event', You are 'promoting trend trading in hindsight'. You are a hypocrite, shame on you(n):sleep:
You want noobs to follow your post rather than my criticism of your post?

Change your signature to

Mr trend trader Dennis withdrew from such capital management in the spring of 1988 after his clients suffered losses of$60 million reportedly lost in 1987–1988.

I suggest you lot stop peddling this trend trading crap.
 

cbrads

Well-known member
Mar 11, 2014
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#18
You want noobs to follow your post rather than my criticism of your post?
In a word: YES:LOL:

I believe my post was relevant and useful to the OP's question. Your criticism of my post demonstrates your complete lack of understanding of the context of either the original post or my reply.

As usual, you are soiling a perfectly good thread with your dogmatic, parrot-like horse shít. It's unfair on the OP to spoil his thread like this. As such, I will stop posting here in the hope that you do the same and the thread gets back on track.

I'll leave you to have the last word - make it good.
 
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Apr 3, 2017
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#19
That does not mean your team is not trying to promote trend trading in hindsight.All your team members have been asked to prove with live calls in advance "that trend trading works!You all start becoming evasive , defensive and aggressive , you want new traders to lose their money trying to catch trends?

All you hindsight trend traders are asked to show a journal of live advance calls on trends set ups , but none of you can or want to do it.

Just retire at 75 from trading.

 

dbphoenix

Well-known member
Aug 24, 2003
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#20
I'm glad I deleted the post I made yesterday evening. FL and EJ have turned this into the usual mess.

But at least the OP saw it.
 
Apr 4, 2016
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#21
I'm glad I deleted the post I made yesterday evening. FL and EJ have turned this into the usual mess.

But at least the OP saw it.
I saw it too. It was typical curve fitter drivel of it might go up or it might go down, no use to anyone. Foroom does have a point, you are unable to demonstrate a profitable forward prediction even if your life depends on it.

Foroom was further right about curve fitter aggression. I was minding my own business and relaying my own experience. But you want to drag me into it. Once I am in I tend to go all the way.
 
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Aug 15, 2017
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#22
Look at the red line I've drawn, I think it defines the trend pretty well. Whist the price is above it and finds support on it, this up trend is intact. Notice however the the price ducks through it on the right. At this point I'd say the trend was broken. This can herald many scenarios, but one of them could be a new down trend. In summary, research and practice drawing trend lines to help you understand the structure of the market.
Thank You!
 

darktone

Well-known member
Nov 2, 2003
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#23
That does not mean your team is not trying to promote trend trading in hindsight.All your team members have been asked to prove with live calls in advance "that trend trading works!You all start becoming evasive , defensive and aggressive , you want new traders to lose their money trying to catch trends?
All you hindsight trend traders are asked to show a journal of live advance calls on trends set ups , but none of you can or want to do it.
I neither have a 'team' nor am I a trend trader. Im not defensive or aggressive. But best thing is:-

Im not a liar like you am I :D

Anyways, the OP knows now dont they ;)
 
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Apr 4, 2016
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#25
Isn't it dumb , you have nice trend set up on dax , and you don't trade trends?You should buy a trend trading course and learn trend trading.
That's because they already know the moment they put in a trade, the trend will change on them, and they don't know why.
 

darktone

Well-known member
Nov 2, 2003
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#27
Hello All,

I am new to trading and had a question on determining the trend to trade with., I attached a picture and as you can see it looks like there was a trend up for a while and then looked to turn down. The OVERALL trend still looks up to me but when we place trades would we go with the longer looking up trend or more current down trend?

Thanks in Advance
-CP
You can measure trend in all sorts of ways. Trendlines / channels / swing high - lows / MAs / HA candles / bar breaks - counts yada yada yada, the list is endless! There is no one correct to measure trend.

If you want to make any real money in this game without being too risky, you have to at least in some part fade 'a' trend, you have to seek value in some way. This means giving up the psychological comfort of price confirmation for value. You need to be getting involved in these areas being respectful of risk.



Theres all sorts of ways you can do that, theres the good the bad and the fugly. It doesnt really matter how you do it, but the more exposure you can secure at favourable prices, the bigger your window for profit will be. It can be done ;)



-------------------------

One other tip. Dont pay too much attention to Enlightened foroom bellends ;)
 
Apr 4, 2016
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#29
You two, fl and ej, have fouled T2W like sh*it on a blanket and what you have to say has as much value as a bucketload of the stinking stuff. I dare say you're real proud of yourselves.
Not sure why are you getting all excited. Would you like to demonstrate for the curve fitters ? No one else dares.
 

barjon

Well-known member
May 6, 2003
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#30
Not sure why are you getting all excited. Would you like to demonstrate for the curve fitters ? No one else dares.
You mean curve fitters like those in Market Wizards who are recognised as some of the most successful and best traders in the world? Nor can I see any of them holding open ended shorts for the sake of a tiny bit of overnight carry either.
 
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