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Old 25-07-2005, 05:24   #6
fairwind
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Re: Very hard question, What is a trend?

The only info in your pic is the price and price patterns, so a conclusion (if any) has to be drawn from that. The LH side of the High has been uptrend, based on HH's and LL's. That is true for the time shown.

The RH side of the High "suggests" a reversal to downtrend but without further data I cant "... justify your view ...". There is pattern of Head and Shoulder, if we accept the 'highs' on either side of the High. This pattern usually means down trend for the next period, what ever that is.
Some folk here claim to trade without indicators, perhaps they will make an offering ??
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