Teach A Man To Fish And.........

[Saint]

A rally is not an uptrend.......you can get rallies in an uptrend as well as a downtrend.

Saint

 

[Saint]

A decline is not a downtrend.......you could have a decline in an uptrend,or within a downtrend.

Saint

 

[Saint]

Lower Pivot Highs and Lows make a Downtrend.........A downtrend is made up of weaker rallies and stronger declines.Focus the eye onto the Lower Pivot Highs in a Downtrend.....that's where your stops are.Breaking of which you would assume that a change in trend has just occurred.

Saint

 

[Cactus]

Saint,

Can I have the thread in PDF version please.......

regards.

 

[Saint]

Higher pivot lows and highs constitute an Uptrend.Focus the eye on to the Higher Pivot Lows.........this is where your stops are,and the break of which,one would say that the ongoing trend has reverted.

Saint

 

[Prabhjeet]

Higher pivot lows and highs constitute an Uptrend.Focus the eye on to the Higher Pivot Lows.........this is where your stops are,and the break of which,one would say that the ongoing trend has reverted.

Saint

Thanks a million Saint for revising your concepts again, the time is exactly ripe that we focus on the trading strategies

Great Effort

 

[Saint]

An uptrend is made up of higher pivot highs and lows......A downtrend is made up of lower pivot highs and low.......In an uptrend,we focus on the pivot lows.A break of the previous pivot low is the end of that uptrend.

The red line marks the area when we are no more thinking long,but instead thinking short.

Saint

 

[Saint]

 

[Saint]

 

[Saint]