Disliked{quote} Ahh yes. The musings of a newly birthed trader. You my friend are looking at the lower time frames. I am thinking 1m - 30m? Expand your horizons. Look at the Daily. The 4hr. These charts will show you the true trend. The dollar is and has been Bullish for a while. The bearish activity you see is simply those taking profits from that long run, and folks like yourself, as well as others who think they can spot tops.Ignored
LOL. Then continuing such logic, when I look at Monthly and Quarterly charts, I must be seeing the even "truer trend" rather than just the "true trend". And likewise, the 1-year and 5-year charts will give me the "mega-true trend". So those TFs below H4 then give me "untrue trends" = "false trends"???
Seriously now, EVERY TF has its own trend. Due to the fractal nature of financial time series, any pattern that you identify on one TF exists on EVERY TF. Therefore, if you identify a "true trend" on H4, then there is also a "true trend" on EVERY TF. You merely need to adjust the scaling on each TF until you find the correct scaling to see the pattern on that TF.
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