ilmscore | Trend Trading Secrets - an Unexpected Strategy all trend traders need to know

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
A market is considered in an uptrend if it's trading above the 50 EMA. This uptrend is considered valid until a candle closes without touching the 50 EMA, followed by another candle that closes below the first candle. This sequence signals a potential end to the uptrend.
"i consider the market in an uptrend as long as we're trading above the 50 ema and i consider that uptrend to be valid until we get a candle that does not touch whatever ema you're using for us it's the 50 right now that does not touch the 50 ema and then another candle that closes below that candle gives me confirmation that we are no longer in an uptrend"
Trend Identification using Moving Averages
Pending
A market is considered in a downtrend until a candle closes without touching the 50 EMA, followed by a subsequent candle that closes above it. This indicates a potential reversal.
"for me we're in a downtrend until we get a candle that does not touch the 50 ema at all followed by a candle that eventually closes above it"
Trend Identification using Moving Averages
Pending
The uptrend is confirmed to be over when a candle closes without touching the 50 EMA, followed by another candle closing below the first one.
"i consider the market in an uptrend as long as we're trading above the 50 ema and i consider that uptrend to be valid until we get a candle that does not touch whatever ema you're using for us it's the 50 right now that does not touch the 50 ema and then another candle that closes below that candle gives me confirmation that we are no longer in an uptrend"
Trend Identification using Moving Averages
Pending
Traders should only trade pullbacks in an upward direction when the 20 EMA is above the 50 EMA, and only trade breakouts when the 20 EMA is above the 50 EMA.
"i only trade pullbacks in the upward direction when the orange lines above the blue line or the 20 is above the 50 and only trade breakouts when the 20 is above the 50"
Trend Identification using Moving Averages
Pending
A market is considered in a downtrend, and sell trades should be looked for, when the 20 EMA is below the 50 EMA.
"the market's in a downtrend and i look for sell trades if the 20 ema is below the 50 ema"
Trend Identification using Moving Averages
Pending
Possible buy trades should be considered when the 20 EMA (orange line) is above the 50 EMA.
"i look for possible buy trades when the orange line or 20 ema is above the 50 ema"
Trend Identification using Moving Averages
Pending
A trend reversal is confirmed by a candle that doesn't touch the 50 EMA, followed by a candle that closes below or above it, and then confirmed by the market breaking into new highs or lows.
"waiting for a candle that doesn't touch the 50 ema at all then waiting for that candle to have a closed below or above candle and then waiting for confirmation by the market to break into new highs or lows"
Trend Reversal Confirmation
Pending
If a market does not break into new lows or new highs, it is considered to be in consolidation, and no trend is present.
"and until we break into new lows or we break up again and break into new highs i don't consider any type of trend in this market to me that means it's markets in consolidation"
Market Consolidation
Pending