Thread: The Trend
View Single Post
  #5  
Old 12-14-2005, 01:39 PM
Sniper Sniper is offline
Senior Member
  
Join Date: Jun 2005
Posts: 704
Default Re: The Trend
Trader Vic defines trends as follows...

An uptrend is a price movement consisting of a series of higher highs and higher lows.

A downtrend is a price movement consisting of a series of lower lows and lower highs.
Reply With Quote