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How to Identify Trend Reversal in the Markets With Zero Indicators (Guest post)

How to Identify Trend Reversal in the Markets With Zero Indicators (Guest post)

Do you want to know how to identify trend reversal ahead of time, guaranteed?

Well, it doesn’t exist.

No trading system or methodology can.

However…

The closest thing you’ll get is to learn how to read the price action and identify potential areas where the market could reverse.

And this is what you’ll learn in today’s post:

Ready?

Then let’s begin…

This post was originally posted here. The writer, Rayner Teo is a veteran community member and blogger on InvestingNote, with a username known as @Rayner and has 617 followers.

How to identify trend reversal — identify weakness in the trending move

First, let me define what a trending move is…

A trending move is the “stronger” leg of a trend and it trades in the same direction of it (that’s why I call it trending move).

The trending move (in a healthy uptrend) usually has more bullish than bearish candles; the bullish candles are relatively larger than the bearish ones, and the bullish candles closing near the highs

An example:


However:

When the bullish candles are getting smaller, it’s telling you the buying pressure is getting weak, or there is equal selling pressure coming in.

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The 5 Best Trend Indicators That Work (Guest Post)

The 5 Best Trend Indicators That Work (Guest Post)

What are some trend indicators that would work?

Trend Trading Indicator BEST EVER to Identify Trend in Forex (MT4… | Trading Indicators

This post was originally posted here. The writer, Rayner is a veteran community member and blogger on InvestingNote, with a username known as @Rayner and has 609 followers.

One of the most common questions I get from traders is this…

“Hey Rayner, how do I identify the direction of the trend?”

However, it’s not as simple as it seems — even if you use trend indicators.

For example:

The Daily chart is in an uptrend.

But when you go down to the hourly chart, it’s a downtrend.

And if you go down to the 5-minute chart, it’s chopping all over the place.

So what should you do?

Well, you’ll know the answer after reading this post because you’ll learn:

 

Sounds good?

Then let’s begin…

This is the most important thing before you can identify the direction of the trend (and it’s not an indicator)

 

The trend is an illusion.

Yup.

You read me right. I said the trend is an illusion.

Why?

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