I'm still learning this stuff...
Am I right in my understanding that I should focus on trend indicators to determine when a trend is emerging, and I should focus on oscillators to determine when a trend may be about to turn (i.e., end)?
If that's correct, then why doesn't an oscillator indicate the beginning of a trend? Or maybe it does if you have a trend in one direction followed by a trend in the opposite direction, but it's not so good when the market is moving sideways and a trend is emerging?
Squid
Am I right in my understanding that I should focus on trend indicators to determine when a trend is emerging, and I should focus on oscillators to determine when a trend may be about to turn (i.e., end)?
If that's correct, then why doesn't an oscillator indicate the beginning of a trend? Or maybe it does if you have a trend in one direction followed by a trend in the opposite direction, but it's not so good when the market is moving sideways and a trend is emerging?
Squid