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Which trends do you think is best for us to follow.........depends on our own trading style
for a scalper, they see the trend in the h1 and entry in m5 or M15
while for the daily traders, they prefer to see the trend in h4 or daily, and entry in the M15 or h1...............
as we know that there are many trens in market.trends are basically the maket direction and in my opinion market direction is good as forward or in high direction but i think different traders have different strategy so they like different trends according to their strategies.
of course we agree despite the fact that a investor may be a scalper, a radical analysis of bigger period structures is reasonably great to manufacture a proper purchase. iuse to help buy and sell in m5 yet we constantlycheck m15 h1 h4 in addition to everyday graph and or chart. bigeer period structures offers a great photo with the marketplace.Thank
i think you are not clear about trend line that is why you told ask which trend is best.actually trend is the step of market moves.when market moves ****ually downward that is called downtrend and when then market moves ****ually upward that is called uptrend.both are well and is right if that is right trend.
Forex trading is very best way to earn money, its a mono business and mind game, now its depend on you that how can you get success in this business. Practice make a man perfect is better to getting more trading knowledge and trading experience
one of the thing to realise is that we cannot make profit every day in forex there are times we losse so maybe that wont let us disappointed
It depends on the trading strategy and trading method of a merchant.If he is using scalping , he can originate 5 mins to 15 mins interpret as it requires a trader to terminate part embryo-tic where as if he is a day merchandiser he can use 4 hourly and regular chart as it gives some precise figures to muse before trading.
Forex trading is best job for good money. 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. i use to trade on m5 but i constantly check m15 h1 h4 and daily chart. bigeer time frames gives a good picture of the market .Good luck and have nice pips.
i use the breakout trend( price action) , trend with support and resistance lines. I also do trading by using gap method , in which if the market moves a certain number of pips in any direction , i will immediately put my entry in opposite direction. so i like my methods and strictly follow these.
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