yea but a start of strong trend is found only when the BB is getting narrower and squeezing.
if BB is wider it means the trend started and price is moving.
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yea but a start of strong trend is found only when the BB is getting narrower and squeezing.
if BB is wider it means the trend started and price is moving.
well mostly its always wise to enter the market before the trend starts.Because if the BB has widened means the trend is strong.And if we enter trade,there might also be possibility for the trend to stop or reverse.so a compressed BB indicates soon a big trend is going to break out.
I think you cant use support and resistance for finding out the direction.Its only use to find out whether the market rests or holds the price at a particular price.
concept like elliots wave theory can used or bollinger bands and ADX can be used.
I can not understand your logic, How we can determine the trend from news? If there is any way of determining trend please explain a little more so that we could know about that method.
bias is not there a news release and circuitry so you can see how the market reaction to news of what makes the currency is strengthened or weakened even then that's where we should be able to see opportunities trendQuote:
Originally Posted by siddesh
Trend is not the main thing in forex. There are lots of things to calculate in forex. If you have good knowledge in technical analysis part, then you will get a good knowledge in trend and find out for your desired pair. You can even use some effective and strategic indicators to find the good trend.
Long term trading fundamntal factors kay mutabiq form hota hay aur wo traders jo fundamntals ko sakjh sakty hain wo ziada behtar andaza lga sakty hain kay market trend kis direction main jay ga aur kahan tak jay gay.
In that case, you have to consider the time frame that you are trading. If the BB gets narrower on a small time frame, then it is merely just a retracement, but on larger timeframe like 4hrs, or D1 or W1, we will consider it a change in trend that is approaching.Quote:
Originally Posted by amit
all the indicators have performed well in this trade to identify the market but it will not make us have the ability to trade with imperfect because we only use the indicators to assist us in analyzing the marketQuote:
Originally Posted by sweetrevenge88
true trend samaj n ka liye indicators ko samaj na zaroore hai.indicators he trend ko detect karta ha.kuch kuch indicators to automatically trend show karta hai and hum logo ki trade k liye e bohoot sabid fayda hota hai.