Monday, September 2, 2013

Identify The Trend

In my post on April 16, 2008 I've wrote about "the trend is your friend" and how one would draw trend lines to help identify the trend.

http://mytradersed.blogspot.com/search?q=trend+is+your+friend

But there are other ways to determine the trend. In this 10 min video, Dr. Barry Burns, of TopDogTrading.com, explains how using a simple moving average can help give you an idea of what the prevailing trend is. Enjoy!