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In forex trading, the most important thing is find out the trend of the market and we know that if we can ride on the trend then we can make money from the forex trading. We need to develop a trading strategy and need to find out the trend of the market.
well my dear I find it is obvious that following the trend is th way to get profit in forex. But be carefull at retrace point and break out point. Use fibo to search for the support and resistance point. But be carefull cause in a very strong trend sometimes fibo is useless, so u must always op that follows the trend and don't be greedy.
Yes, In Forex trading trend is the friend of a trader and we need to trade with the market trend and not against the market trend, We have to take the opportunity if we get a good trend and have to earn a good money from follow the market trend.
trend trading is very useful cause it brings big pips and these strategy is consider less risky than scalping strategy and it also needs less time to look up and this kind of trading specially suit trades who have less time to check the market .
Trend is your friend
It is a popular saying among traders in the financial markets, including the currency market, and are intended to be the best decision in buying and selling must be in agreement for the price trend
If the trend towards currency price rise is better be careful because the purchase of the currency trend towards elevation and even predicted that the depreciation of the currency for some reason Flatqm sell them because you do run counter to the direction of price .. and vice versa for a downward trend.
Experience has shown that the deals must be in accordance to the direction of the price is the most successful and least risky deals.
The downward trend invites us to sell, you have to recognize the direction of the exchange rate and agree with the decision to take its direction.
As you can see, the principle of a mile price trend is considered one of the most important principles upon which to predict the future movement of prices is not in the currency market, but also in all the financial markets.
My friend trend is the friend of a trader and we know that if we can trade with the trend then profit is must, but finding out the trend of the market is really really important in trading and we know that if we could not trade with the trend then we have to face losses.
Yes, ride the trend is the best way to trade in forex, because when we ride the trend, then it means that we follow the trend and the trend become our friends, and of course we will easier to make profit if we able to detect the trend well and follow it always
bai saab ji bikul es kam mai pehl hume trend ko samjna chahi aa fer es kam mai trde karni chahi aa tabi app es kam mai achi earning kar sakte hai es kam mai ek hee din mai trillion dollar tak ki amount lost hoti hai bai saab ji forex ko join karke app es kam mai sab kuch hsal kar sakte hai bai saaab ji es kam mai trend hee appka frend hota hai bai saaab jiQuote:
Originally Posted by shreebabu14
brother app forex market mai kici kisam ka just trend ko find ker k us ko follow ker lain then app kafi achi earning ker skty hain but trend ko find krna tora dificult hy but profit able trend hy .
Yes we need to detect the trend of the market and we have to trade with proper discipline and using the technical analysis and fundamental analysis of the market, We need to trade with proper discipline of the market and knowledge. Trend is a friend of a trader and need to ride on the trend.