stocks/commodities
in forex is less reliable.
define long term trend
if bullish (reverse for bearish trend)
buy tomorow at the break of yesterday high, if yesterday price made at least 5 day low and finaly closed bullish.(reverse for sell)
trail the stop or exit after 90 days (i sugest you to trail the stop because if you are selling stocks because most of the time thei fall faster in price and in an short amount of time)
in forex is less reliable.
define long term trend
if bullish (reverse for bearish trend)
buy tomorow at the break of yesterday high, if yesterday price made at least 5 day low and finaly closed bullish.(reverse for sell)
trail the stop or exit after 90 days (i sugest you to trail the stop because if you are selling stocks because most of the time thei fall faster in price and in an short amount of time)
Price itself it's an indicator