Trend Identification?

["Mark Brown" <markbrown@xxxxxxxxxxxxx>]

Hello omega-list,

I  think  you  must  decide  upon a frequency of trading and series of
data.  Example  if  you  make 50 trades a year on a hourly chart. Then
your  idea of what a trend would look like is 4 or 5 days of upward or
downward price movement. If you trade on a daily chart and make 3 or 4
trades  a year then your idea of a what a trend is maybe 1-3 months of
upward or downward price movement. So to sum up a trend is relative to
the  trading  frequency  vs the primary dominate cyclical price action
which is about 75 % greater than the average mean range movement.

Mark

.o©º°¨¨°º©[ WWW.MARKBROWN.COM ]©º°¨¨°º©o.

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