Market should not be moved against the trend according to technical analysis.
But it might go against the trend according to fundamental analysis.
News can cause the market against the current trend.
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Market should not be moved against the trend according to technical analysis.
But it might go against the trend according to fundamental analysis.
News can cause the market against the current trend.
hello bro,Quote:
think the market move the mostly according to the market trend the traders can earn the money in the trading it is the better for the traders to earn the money
I also agree with you in this post. As a forex trader everyone know better how to gain maximum profit and for that we always try to trade with patient. It's better for us.
best of luck
yes. In my perspective, the pattern is only a outcome which due to the industry. and the industry is purpose that creates a pattern.
and a pattern can modify instantly when there is a powerful indication from market
The forex market always moves against the trend. The lenght of the counter move can be determined by two things. If the move against the trend is a correction, then it will not be long before it reverses to favour the trend. If the move against the trend is a reversal, then you snould know that a new major trend has started.
well i think you have mixed the trend of the market and the trend you thought the market would have. the direction the market moves is the trend and some of us may misidentify it by various signals given by the indicators and the charts. there fore the market may not always move in the direction that we think that it would move. so i think that's what has happened to you and you have misinterpreted the trend of the market not that the market has moved against the trend.
some of my friends trade in the forex market about 4 years but in his experience he didn't see that the market moves against the trend. so I am hopeful that the forex market will never go against the trend.
Yes the trreand can move against any time. I think market lat of such bitter experience and and too lost some money and had kept a trade open for more than trend. I have never seen that forex market has ever start moving against the trend.
In fact, certainly in the Forex market end of the letter falls. In fact, I also just received the news flash to the side of an uncontrolled area where reservations will respond with confidence. Investigations are not only in special applications such as trading news I actually flashing as I said the
main reason for their preference.
there are certain occasions in the forex trading that the market will be read in a wrong way by the trader and will move against him and give him some loss but we have te keep the stop loss
No this can never be done unless the market is actually in a reverse point of a trend. But, some trend corrections (usually minor) often occurs during after the closing of the European trading session. Sometimes the correction in this particular time can either weaken or reverse the trend, or strengthening the trend.