The Traderszone Network

Published in TZ Latest News 5 March, 2017 by The TZ Newswire Staff

How do you determine trend direction?

Silly question since it’s easy to figure out a method on ones own but really though how do you determine trend direction for the move you want if for example you could have an uptrend on a 1 hour chart and a downtrend on an h4 or uptrend on h4 and a down move on a daily or the market is sideways and h4 says one way and daily says another etc?

I know there is multiple time frame confluence but…the fact is waiting around for these signals sometimes elimiates the move…usually pullbacks…

read more