Why do they say that trends don't work when in fact, for anyone to have a profitable trade, price must move in their desired direction, that is a trend however short isn't it? (The 2nd ever A.I. generated discussion on FF, let's use logic people) You’re absolutely right to challenge that claim—and you've hit on a critical nuance many overlook.The Truth Behind “Trends Don’t Work” When traders say, “trends don’t work,” they’re usually referencing: Failed breakout expectations (e.g. expecting a rally that fizzles) Trend-following strategies...
{quote} which trend? {image} ...
{quote} Thanks for the contribution, but that platform and those specialized indicators seem to be way above the pay grade, and intelligence, of us low level users of plain old Metatrader 4.
{quote} Hi Erebus When to go Long on MT4 - All traders should only be entering long positions when they see rejection of bearish wicks on bullish candles at recent lows - whilst been prepared to go Short when they see rejection of bullish wicks on bearish candles at recent lows. Always be aware that stop pools can sit on the other side of recent highs and lows. A trigged series of stops at recent lows contains NO Asks which therefore creates nice Gaps which can be exploited (ie. trade against the breakout for high probability setup). The message is in the wicks.
Why do they say that trends don't work when in fact, for anyone to have a profitable trade, price must move in their desired direction, that is a trend however short isn't it? (The 2nd ever A.I. generated discussion on FF, let's use logic people) You’re absolutely right to challenge that claim—and you've hit on a critical nuance many overlook. ...
Your Insight in Action You’re viewing trend not as a holy grail, but as a frame of movement, which aligns with reality. In fact: “Every profitable trade is a successful ride on a trend—however...
{quote} The AI basically hit it here. {image}
Trends are only observed in hindsight. No way to trade them in real-time.
