Is trend up or down
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Here is an email question from a member of the Fibonacci Trading Forum at Daily Forex Charts .com
Identifying the trend direction is my problem. It is easy to see a trend in the past, but in real-time it is much more difficult.
Neal’s response;
Trend is either up or down, or some times there is no trend. There should be no doubt, and you should be able to identify trend in just a few seconds. If you have not already been to the TRSI webinar, you really must! Trend is not difficult or complicated at all. The difficulty is what to do about the trend.
-Neal Hughes “FibMaster”
Filed under: 1. Trend Definition
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