Higher highs and lower lows: what's your precise trend definition?

"The trend is your friend" until traders argue about what the trend is. Higher highs and higher lows is the standard, but the details — which swings count, on what time frame — decide everything.

Higher highs and lower lows: what's your precise trend definition? — trading sessions clock diagram
The four forex trading sessions across a 24-hour day

Define yours:

  • the swing definition you use to mark highs and lows
  • the time frame that governs trend direction for you
  • how you handle overlapping swings in choppy markets
Higher highs and lower lows: what's your precise trend definition? — trend versus range diagram
A trending market compared with a ranging one

The trend lines guide formalises structure drawing.

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