All traders have their own trading process, but after they enter a trade they “expect” price to move/trend in the direction of their trade. they could expect price to trend just a few ticks if they are scalping. They could expect price to trend minutes or hours if they are a day trader. Or they could expect price to trend for days if they are a swing trader.

Each trader’s process must answer the following questions before they enter a trade:

1. what is the trend direction they are going to trade?

2. Where is the beginning of that trend?

3. How long do they expect that trend to last?

How do each of you answer these questions before you enter a trade?

thanks
toucan

toucan94506bm 

1. what is the trend direction they are going to trade?

I will trade opposite to the apparent trend. Non-trending: I will stay out.

Quoting 

2. Where is the beginning of that trend?

An engulfing candle pattern (or similar) indicates reversal of the apparent trend. Check multiple timeframes.

Quoting 

3. How long do they expect that trend to last?

I am looking for 3 times what I risked. I may exit early or hold until end of day, since the trend will be over at end of day for sure.

Thanks

banned 

I will trade opposite to the apparent trend. Non-trending: I will stay out. An engulfing candle pattern (or similar) indicates reversal of the apparent trend. Check multiple timeframes. I am looking for 3 times what I risked. I may exit early or hold until end of day, since the trend will be over at end of day for sure.

i always trade with the trend
i try to enter a trade as close to the trend beginning as possible, if not, i will skip the trade.
i look for profits up to 2.5 times my risk
my trades usually last minutes