Analyzing Price Movement For High Profitable Trades

You've probably heard the saying that it's preferable to "trade with the trend" as a trader. All the experts agree that the trend is your friend. This is sound advice if you understand and accept that the trend may come to an end. Then the trend is not on your side.

So, how do we know which way the trend is going? I follow the KISS principle, which states, "Keep things simple, stupid!" Here is a method for determining the direction and a primary method for forecasting the trend's end.

Before we begin, I'd like to emphasize the significance of periods in determining trends. When considering long-term investments, the long-term time typically outweighs the shorter time frames. However, for intraday needs, the shorter time range may be more helpful. Trades are classified into three types of trading techniques or segments: intra-day, swing, and position.
The purpose here is to establish the direction of the trend, not when to enter or exit a trade. This does not imply that there were no trading opportunities in the shorter periods, such as the daily and hourly charts. However, traders who want to trade with the trend might wait for the movement to return and then trade in the trend's direction rather than trading the correction.

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