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we should continuously change the direction of the trend and that we are in profit however this can be not continuously coz in times of volatile condition's it's not really easy to rely and predict the trend thus need to be carefull with this friend then.
the most beneficial a sort of trading is spotting the trend when it is simply beginning. you'll earn additional pips in that as long you knew the time you need to stop or when can the trend will forestall.. trend riding is a really smart sort of trading and that i guess there will be a few good traders who no more than trade once they found a reliable trend. i wish to firmly master trend trading sooner or later terribly profitable.
Aksar trader market main chalnay walay sahi trend ki parakh ker kay usay hi follow kertay hain our profit kamatay jatay hain ice terha woh safe side pay rehtay hain our successful bhe.
you are right if we find the trend of the forex market then we can win more and more money in the forex market without trend we can not win money in the forex market so that work hard and find the trend of the forex market by fine the trend then you can win more and easy money.
There is a problem of some trader that they can't except an missing opportunity. So they place order lately if they miss the chance even if the price reaches at the top or bottom of a trend. So they face losses most of time . Very few time you can avoid your loss for this mistake if a continuation is started after ranging condition but most of time you will loss your money because of strong reversal .
i am agree with you bro.... as much we will follow trend as much we will learn because trend leads us if we dont follow then it is difficult to chase success.
yeah its very usefull for a short term trader who want to trading with scalping..i always prefer to use this trend strategy .and also i do a short term scalping for a 10-50 pips with this
Entry and exit on good strategy should be well timed so a to get the maximum profit potential of a particular trade. It is important to note howevever that when you are riding the trend, there is always room for a reversal. Trailing your stops to locking profits from time to time is a good way to trade with the trend. we are controlled but we have the choice of sell or buy we have the choice of the lot size and we have the choice of trading time i think that we have to follow volatile market to gain not trend
indeed in the trade we have to follow the trend of price movements in the forex market, but sometimes we have difficulty to read the trend when it starts and when it ends, so we are not fooled by fake trends and we also do not miss the correct trend
I think forex is a like job.
I agree with you in a point that makes the trend your friend, but not in all cases, you should be warned of the deal in times of volatility these times may ****uate outside it and when the trend again, can not nice job……………………….