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correction or reversal? what's your method? - 8/23/2017 12:42:59 AM   
donnieclark

 

Posts: 246
Joined: 4/19/2017
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I find this problem puzzles me ever since I started trading stock/etf a year ago. However, there are many people in the forum predict price action down to amazing precision.

how do you tell if a trend is about to go into reversal or it's simply a correction?
do you use multiple indicators for confirmation? what if some of them are pointing in a different direction than the rest?
do you weigh each indicator differently? base on what factors?

Please Help.
Thanks !

I didn't find the right solution from the internet.
References:
-http://www.trade2win.com/boards/technical-analysis/224974-correction-reversal-whats-your-method.html
-Clean Energy Video Examples










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