


SemperTrader
Trend Levels haven't changed much. The only change since yesterday is that the 30m trend flipped from a downtrend pattern, to an uptrend pattern, as did the smaller timeframes underneath it. However the 30m uptrend was never was able to push past that closing trend signal yet, and is still hitting that Uptrend Signal on the 12-Hour Trend. However, I'd say there...
So in dealing with trends, and trend patterns, each of the following longer timeframes are in an Uptrend - 2h, 3h, 4h, 6h, 12h The longer downtrends are currently D and W only. That being said, I always warn about trend change reversals. As noted before, there was a brief one at the 2 Hour Uptrend, and again at the 3 Hour Uptrend. The 4-Hour only briefly paused...
So I thought I would explain some of my technique for trading ES Mini Futures. After a long time of trading, what I've noticed is that on an initial uptrend or downtrend, the first likely thing to occur is a reversal. I calculate a trend based on the highs and lows of the last 50 bars of an Adaptive Moving Average scheme (I used to do the math, but for the last 6...
In spite of all the noise about dropping, long term we are really just settling back into where we should have been all along. The drop at the beginning of the pandemic should have not been followed with such a massive surge upward. Major down caused a major up... and we are now just settling back into the normal range. That being said, in terms of today, I see...