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the assumsi that quality traders do easily with any trend regardless of whether it is bullish or bearish, but it is also real that umpteen are same me who don't conceive soothing with bearish trend and are habitual to buy archetypal and then try cozen at higher value, so i look much snug when it is bullish trend
There is a trend in every time frame. So must we be aware that in each and every tf forming every trend. do you think that, that trends do you think that is best for our benefit to actually follow ? this is often terribly closely connected to actually type traders. other then perhaps there's another trader who has got an opinio
we must follow the major trend, we can see it in higher timeframe, we can use H4 and daily timeframe to see the major trend, so we can buy only or sell only depend on the major trend in higher timeframe
we can use up and down trend, we can follow all trend, which we must do is follow the trend in the market, whether up or down trend is really good to followed. we can make profit if we follow the trend
for a plunger, they see the trend within the h1 and entry in m5 or M15
while for the daily traders, they like to check the trend in h4 or daily, and entry within the M15 or h1
i think the best trend to follow is trend in TF H1 because it will give us information abour daily
trend so we can know where is the price will move for one year, i always use that in my trading.
The very top managers can top 90% of winning trades.You can withdraw and deposit capital at any time since you will have management over your account. Trading services are allowed to buy and sell for you because you issue them with a limited power of attorney (LPOA).
we can use trendline to determine trend, if the trend is up, then we can buy only, and vice versa, if the trend is down, we can sell only. in trending market, dont ever againts the trend or get loss
i agree even though a trader may be a scalper, a thorough analysis of bigger time frames is quite good to make a right order. Nice strategy.,.But also use time frame H4 and H1 to check main trend because the trends on M5 and M15 are not good enough and price can move against you anytime. thank job............................................... ..................................................
I think that depends on the trading style. if u are scalping then using the 5min chart as the main chart and 1min and 15min charts to supplemnt the information. if u are a long time trader then daily chart is very useful and 4hr and weekly charts to supplement the information. I personally do scalping so I use the 5min chart as my main source of information to judge the trend.