Begriff des "Trends", seine verschiedenen Arten und die Methoden zur Erkennung. Unterstützungs- und Widerstandsniveaus.
Trend is your friend. This is one of general rules of the technical analysis. Usually the meaning of this phrase is interpreted this way: once began, trend is aimed to develop in given direction and develops until the opposite trend starts. We talked about price movement earlier. However not every price movement is a trend. Ascendant trend is that complex of price movement in which each next maximum is higher than previous one, or each next minimum is higher than previous too. Descendant trend is such a complex of movement in which each new minimum is lower than previous minimum, and each new maximum is lower than previous maximum.
Picture 5. Trends
From the notion we may come to the conclusion that to identify trend we will need no less than three points (for example, two minimums and one maximum). This identification in general case should be regarded as preliminary one: until the forth point (another minimum - for our example) will not prove or contradict forward assumption.
The opposite trend or flat (see below) starts, as a rule, when disruption of significant part of extremum takes place. For example, if at the moment ascendant trend takes place, the disruption of another significant minimum will lead to the beginning of descendant trend. On the contrary, at the moment of descendant trend the disruption of another maximum might mean the start for ascendant trend.
Picture 6. Change in trend after breaking of level of support or resistance
No matter what trend it is (ascendant or descendant or "side" trend (see below)), a line that crosses consecutive minimums is called the line of support, and a line that crosses consecutive maximums is called the line of resistance.Prev Next
Forex market trends
This market is considered to be the most liquid among all the financial markets existent on Earth....21.01.2017
How to find trends in forex
How to find trend in the forex market may not sound like something a trader needs to succeed in th...21.01.2017
Forex trends today
Have you framed your strategy of trading in the foreign exchange market? Did you follow the curren...21.01.2017
Forex trends pdf
If you trade as per forex trends pdf, you can have the luxury of ascertaining the market direction...21.01.2017
The truth about the forex industry
Let me ask you one question – how much time is required for myths to spread? Any guesses? We...21.01.2017
Forex trending topics
Before delving into the topic itself, a fact that foreign exchange is the only international finan...21.01.2017
Foreign exchange is profitable. With an average $10 million spread about every second throughout t...21.01.2017
It doesn’t matter how good you are or whether you’re a trader or just a beginner. Fore...21.01.2017
Hence, you have finally been introduced to the Forex robot! Did you like its features? Doubting th...