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Trend Up or Down?

Posted: Fri Sep 07, 2012 6:15 am
by oem7110
Referring to following image, there is only one big going up bar.
Does anyone have any suggestions on whether the current trend is up or down?
Thanks in advance for any suggestions

Image

Re: Trend Up or Down?

Posted: Fri Sep 07, 2012 8:45 am
by Moto moto
Maybe it depends on how you define a trend and what is current.

if one bar defines it for you, or a series of bars, or a horizontal line, or a sloping line. Maybe its is determined on if you are long or short already......
Suggestion - one bar is irrelevant without context.

Re: Trend Up or Down?

Posted: Fri Sep 07, 2012 10:32 am
by rhc
oem7110 wrote: . . . there is only one big going up bar. . . .

Re: Trend Up or Down?

Posted: Tue Dec 15, 2015 4:02 am
by bigmolly
I know it's an old thread, but got to agree with the swallow comment above. A trend can't be determined by a single up bar, you need price action, highs / lows etc to tell you where the sentiment is going.. You can catch a range breakout with a single momentum bar, but that is another strategy altogether.