When I am following trends, I find it difficult to identify major trend changes in the market.
I wanted to know what others employ that enables them to differentiate a simple market correction, to a medium-long term trend change.
The "head and shoulders" pattern doesn't seem to work (not surprisingly)....I haven't been following the news either on the basis of, what the price should do...doesn't mean it will do.
Should I be looking at the news vigorously?
I mostly trade gbp/usd, eur/usd, aud/usd.