Choppy and Trendy Markets

Hello,

Could anybody tell me please how to diffrentiate between choppy and trendy markets?

i.e. i want to trade now (scalping) , so before i start trading i need to know the status of the market to choose the correct strategy.

Thanks

As far as I know

Trendy Market

The price moves upwards or down wards and there is constant follow up on the price for the uptrend as well as for the down trend


The candles are long in the chart in the trendy market and can make good pip

In the case of choppy or market in the consolidation stage first there is
no follow up on the price in a large way

The candles looks small and sometimes horizontal. There will be some
25 to 30 pip move up and at the same time 25 to 30 pip down

In this case as far I know you can do some scalping and make some pips
where as in the trendy market you can expect 100 plus pips

Right now the maket is in the range mode and this can also lead to
reversal of the trend up or down

So tell me what do you think of the EUR/USD and USD/JPY today?

do you see them choppy or trendy?

US$/JPY is still choppy

Euro/US$ moved from choppy and reversal has taken place as you can see in the chart
Now we have to wait what will be the next move

I expect only some big move at GMT 0 on Euro/US$

See also the chart of Gold/JPY gold has dropped like a pack of card
can expect up move in US$/JPY

Definition of a trend have proven to be some of the hardest things for most "traders". The answer is so perfectly simple, IMO, that it might be the reason so few will accept it/know it.

Uptrend; Price forms higher lows (HL) followed by high highs (HH). Weakening uptrend is when HL gets exceeded.

Downtrend; Price forms lower highs (LH) followed by lower lows (LL). Weakening downtrend is when LH gets exceeded.

Still, this isn't the formula for ze holy grail. Simply a tool that allows you to define a trend.


Even newbies like me (back in '06) managed to make money by the simple rule I applied; never trade against the trend. So I only looked for long position on eur/usd, cable and aussy while I only looked for short positions on usd/chf usd/cad. Luckily, the trend started to fade and I had to improve. My trading-style, if any, was so simply I guess a monkey could have done the same

Thanks everybody for taking the time to reply to my thread.