Monday 5 March 2012

What is Trend?


  • Trend is a general direction which a security or market is headed
  • prices does not move in a straight line in any direction, but a series of highs and lows.
    • uptrend is formed by a series of higher highs and higher lows
    • downtrend is formed by a series of lower lows and lower highs 
  • Sample Charts




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