Trading the Trend by Andrew Abraham
ARTICLE SYNOPSIS ...Here's a volatility indicator, presented with simple trend rules for trading various markets.
New traders quickly become
familar with two adages: "The
trend is your friend," and "Let
your profits run and cut your
losses." Many of us, however,
have learned the hard way that
these things are easier said than
done. Why is that? One reason
is lack of recognition, since the
trend itself is rarely clarified
and defined, let alone where it
starts and ends. So we need a clear explication of what a trend is as well as where its beginning and its end are....