[charcoalstick]

hOW to know a trend has come to an end apart from top/ bot pattern double bot/top, reverse shS/shs ?...by the time the neckline is broken, price has probably moved some distance from top/bot..any OTHer means to spot possible turning pts fASTER (other than indicators)?

[torero]

It depends on what timeframe you're looking it. It may be end of trend on a 1min while a 30min chart it's not. In general the best test is see end of trend is use the higher high/low or lower high/low test. This is how I interpret it as trend or not. But of course, the markets throw curve balls when you least expect it so it takes experience and trial and errors to understand them.

[MC]

On trend trades...to try and max profit out thinking you know when the trend will end means you can pick tops/bottoms. It dosen't work that way, not enough to be consistant anyhow.

Take the trade, stay in your timeframe and execute your trading plan all the way through. I've been guilty of changing timeframes only to find an excuse to override the trading plan and screw up the trade.

I try to use fibs, trend lines and/or swing levels to attempt to set stops and to see when a cycle has broken down. Don't trail stops too agressively, don't try to pick a top, and be willing to risk some unbooked profit for the chance at even more of a gain. If you're on a trend trade with at least a break even stop you're executing a free trade so just remember there's no way to screw it up.

Side note on the single timeframe comment above...I use multiple timeframes to filter for directional trades, but once in a trade I feel it should be executed from start to finish in the same timeframe. I still look at other timeframes to see where broad support/resistance is but that's used only as a warning sign for me.

All JMHO.

[torero]

Good one, MC. The mind does have subversive motives. Yes, most people do try to find the answer in order to find an impossible feat: capturing tops and bottoms. But don't fall for that. Spotting tops and bottoms is one thing but trying to profit from them is usually not that profitable.

[brownsfan019]

Candlestick Analysis is built around monitoring possible end of trend strength.

I would recommend learning some candlestick analysis if concerned about seeing possible end of trend confirmations.

[MC]

Originally Posted by brownsfan019 »

Candlestick Analysis is built around monitoring possible end of trend strength.

I would recommend learning some candlestick analysis if concerned about seeing possible end of trend confirmations.

I love the candlesticks and TL's section for them. My disclaimer is that a candle in isolation has never worked for me. When I add them to key levels and a sprinkle in volume they bring much more focus to the psychology behind the action.

[Eiger]

On the intraday time frames on a good trend, you will see volume swell markedly near the end of a trend. Then look for the largest rally/reaction in the trend to occur next. The market is likely to then test the extreme price, which could extend price a little more, or not, but watch the volume - it will be significantly lighter.

[MC]

Originally Posted by Eiger »

On the intraday time frames on a good trend, you will see volume swell markedly near the end of a trend. Then look for the largest rally/reaction in the trend to occur next. The market is likely to then test the extreme price, which could extend price a little more, or not, but watch the volume - it will be significantly lighter.

Very true, still I myself would let the trend prove over. You might perhaps scale out some at the prior extreme with less volume, but I would still hold some unless you are up grossly in profit and you have captured the bulk of the move, especially near EOD.

Range testing is very accurate, I watch for that all day long.