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90% of the information out there says the Trend is your friend. This is true and false depending on what your trading style is!
A trend can be defined in higher high's for an uptrend and lower lows for downtrend.
What keeps us out of sideways markets? It is up to us as individual traders to continuously expand our knowledge and experience for this.
Trend Indicators can be fast and slow. Based upon how fast and slow they are set will help us located main trends and counter trends. As a trader we determine when to enter.
Times to enter a trend can be based on:
1. An indicator's signal
2. Retest of a level at signal generation.
3. Pullbacks based on price or adr/atr values or dynamic support and resistance as a MA of some calculation.
4. Breaking of Market Structure followed by a retest of previous price levels
5. A break of price levels based on previous high lows of previous higher timeframe candles thus trading within a 30min or less timeframe.
Dive deep and search the indicators and learn how they function and operate.
FREE tip is understand why an indicator does not work at times and work around how to make it work!
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