Yeah, more powerful trends will be more profit, but the difficult part is how to find out the power of trends. because, it is not impossible if trends suddenly reversed course because of the influence of fundamental news.
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Figure out the point of Level of resistance and Support and see the durability of a pattern in Foreign exchange industry.
with these two signs that illustrate the durability of the industry styles we can estimate the activity of the industry.
we can examine these two indicators and make acceptable get spring them . trading forex sprig the movement route testament endorse that we faculty not lose too untold on it . the acquire give be author than deprivation
it is always benefit for the traders to get the profit from the trendings and if the trend is good and real then it is more easy for the traders to do the more good and easy way of tradings so to get more good money from the market.
i think you share very much informative knowledge ragard charts and indicators you knowledge is very much informative and i think you have a lot more practice in the technical analysis so always try to share these types of you analysis to this forum so that people get so much knowledge technically related to the forex
Dear i support you strategy. so we can follow it strategy. so we have to analyze that before doing trade. after that we can set trade with this strategy.
I also prefer to use support and resistance based indicator.To me support and resistance based trading is more profitable than any other.To detect support and resistance i generally use fibo.But i have never used the indicators that you are saying.Pls share how to use this two indicators.Waiting for your reply
Here are both indicator, hopefully useful to friends. for installation I think friends already know everything.
These indicators are fitting for scalping, if the fit is 50-70%. to read it you can start from the smallest TF. May be able to help your friends to be able to achieve a lot of profit.