How to Detect Market Trend

June 25, 2009

Difficult or easy to detect the market movement ? the answer to "Relative". Depending on how a trader analyzing the chart in the monitor. Hope that all traders can detect movements as early as possible so that the market is expected to generate the maximum profit. The easiest way to detect movement of the market by looking at the trend that occurred in the high timeframe. Why must use The higher Time Frame, because most Biggest Daily Range influenced Higher TimeFrame. Analysis of market-based small TimeFrame too many Fake Signal Trend, so difficult to know the trend for the intraday trader. This is exactly the opposite ScalpingTrader which generate big profit for the low TimeFrame. In fact this is merely influenced by the customs trader itself, where the sharpness of the habits and skills apart.
I own authors tended to detect market trends by using TrueAverageRange, which results from accumulate the average movement becomes a trend in which High TimeFrame. So that the market movement can be detected as early as possible.

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