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| Discuss Types of Trend at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear Sir, How to find primary , intermediate and minor trend of some stock or commodity ?? ... |
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#1
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Dear Sir,
How to find primary , intermediate and minor trend of some stock or commodity ?? Regards. Jayesh |
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#2
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You can easily identify the three trends by plotting the 3,13 & 34 SMA on the weekly chart of any stock or commodity. You can read more on this Moving Average Trading System.
The 3 weekly SMA will be a proxy of the short term trend, the 13 weekly SMA a proxy for the medium term trend and the 34 weekly SMA a proxy for the long term trend. |
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