Follow the trend!

but, would you say that just 3 5minute candles going down or up is a trend? not really. Timescale has to be brought into the equation: how long does a consistent price move have to be to become a "trend"?

as i said, it is a series of candles making Higher highs and Higher Lows for and uptrend, and vice versa for a downtrend
http://torero.vecino.com/trading-cha...igher-low2.jpg
A low is defind as a candle that has two candles to the left and two to the right of it that is higher.

so if a series of candles is making higher highs and higher lows, then u got yourself an uptrend


now i agree with the timeframe part of things, in the sense that An uptrend on the 5minute chart might form a single bull candle on the hourly so....

the trend is in the eyes of the beholder