No doubt market indicators are best way or source to identify true trend but one needs to use higher time frame charts for the same to identify the true and real trend and then only one can perform better in the market.
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No doubt market indicators are best way or source to identify true trend but one needs to use higher time frame charts for the same to identify the true and real trend and then only one can perform better in the market.
yeah i agree big time frame gives a clear picture of the market. false signals are lot minimized in big frames. So its always better to have clear look at the big time frames like daily, H1 frames. And its also very essential for the short term traders to used these frames though they may be trading in 5M or 15M time frames.
chart show the movement of price.
if you want to know trend with the help of chart then draw trend line. different differetn time frame give you different different trend movement. like if you go in big time frme then you find up trend but at that time if you see small time frame then may be you find down trend.
we can combine all time frames if we want to get a good signals for support or resistance, it is simple...we just follow the trend...
use high time frames for indicate the trend will go and small time frames for open position but before we did it, we have to find a good and same direction between small and high and this strategies is suitable for all condition, i am scalper and i use this method so i can maximize my earning here
ya you are right using proper fundamental and technical analysis , use of indicators and signals, some good sites and group discussion should be use for predicting trend in forex
aap agar indicator use kar rehe ho aur support resistence ke tor pe trde karte ho to friday or chutti ke din ko chorke agar aapko strong signal mile to aap ek acche or true trend ,me enter karne ja rahe ho. bas apne knowledge or indicator hi aapko bata sakta he good and true trend ke bare me.
And in most cases when we use our heart and emotions in trading the result is in case of loss. So its better to avoid feelings like greed and fear and concentrate on doing a perfect analysis.
Mery khyal sy trend ko indicate krny k lye indicators ki zarorat hoti hy, wesy tu chart ko dykh k he pta chl jata hy k up trend hy ya down trend but trend ko start sy he indicate krny k lye different indicators use kiye jaty hen. Sub sy acha indicator simple moving average hy.
Bollinger bands ko trend ki indication k lye use nhi kea jata bl k usko tu makret ki volatility measure krny k lye use kea jata hy. Stochastic ak acha indicator hy. Sab sy best simple moving average hy aur Parabolic Sar.