oussama94
05-28-2017, 00:58
‘Trend’ is a term used to describe prices moving
in the same direction over time. When prices
are generally rising, this is known as an uptrend,
and when they are falling, this is a downtrend.
Prices tend to trend only 20-30% of the time,
which means that the remaining 70-80% they
are trading in a range or without a clear direction.
For this reason, it is important to have a clear
way of identifying the existence of a trend, or
lack thereof.
in the same direction over time. When prices
are generally rising, this is known as an uptrend,
and when they are falling, this is a downtrend.
Prices tend to trend only 20-30% of the time,
which means that the remaining 70-80% they
are trading in a range or without a clear direction.
For this reason, it is important to have a clear
way of identifying the existence of a trend, or
lack thereof.