this is very much my brother because I also believe that this technique is one of the most reliable technique to identify the trend of the currency pair.I have seen experienced player following this rule to determine the trend of currency.
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this is very much my brother because I also believe that this technique is one of the most reliable technique to identify the trend of the currency pair.I have seen experienced player following this rule to determine the trend of currency.
You are right, we can identify the trend by drawing trend line and if it will break the trend line the new opposite trend will be start. An indicator called Parabolic Sar help a lot to identify the trend on the initial stage.
Mery khyal sy agr hum H1 aur H4 k chart ko dykhen tu ham kisi b indiactor ko use kiye bina ye judge kr skty hen k up trend hy ya down trend but trend ki formation ka apko pta hona chahye k kin indications sy pta chlta hy k new trend start hony wala hy aur ic k lye learning ki zarorat hyy. Go to this site www.********.com
bolinger bands are good to see the market when they at the high position and low position. many trader say it over bought price and over sold price. in my trade, bolinger band be a one of my indicator that i used. i also use moving average, parabolic sar, and de marker as a filter indicator
yes friend, iam also use moving average and BB in my trade to identify the short and long trends.
and i add parabolic and de marker, so its good to trading with the scalping technique..
i use different TF in my trade. to making decision i use TF15, and to identify the long trend i use TF H1.
iam also use moving average and BB in my trade to identify the short and long trends.
and i add parabolic and de marker, so its good to trading with the scalping technique..
i use different TF in my trade. to making decision i use TF15, and to identify the long trend i use TF H1.
Plot 20MA on your weekly chart and see the trend, if both are angling more than 20 degree upward, then you can say that we have a bullish trend in the market and similar opposite for the bearing trend.
a currency pair will show its trend as news, and usually last for 1 to 2 days, until then the price is saturated, and we must be ready for a correction. If it is so, we will be able to prepare or predict new trends.
this is true i gree with you what you say is right many in dicator guve diferent result ,some of them give buy signal and some of them give sell signal and in this situating we have to work on managenent to avoid the big loss.
i think we can do so by the help of elite wave theory and that will really help us finding a true and good trend but if we are even 100 percent sure even then we must go for a small lot and once we are sure then we should go for big lots.