the trend means the direction of the price . if the price is going up the trend is up . there is no physical trend on the market and I want to trade with the trend on the same chart I am trading on
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the trend means the direction of the price . if the price is going up the trend is up . there is no physical trend on the market and I want to trade with the trend on the same chart I am trading on
Which trends do you think would be best for us to follow? I think we could take advantage on every trend if we recognize market movement characteristic. When you follow the trend, you have to know the strength of the trend and when would be the end of the trend.
Follow any trend is very good idea. Because we must get some good result by follow any trend. But in real tread is a flow catcher of market status. So if we able to manage some manual operation then we should get some more better result. Some special tool can be best for any limited volume.
for most i prefer to use the h1 frame. it is good for any trading with that you can use the h4 too. but if you are a scalper then the better is m1, m5, m15, m30. i do not trading with them bcz here have more risk i think.
Upward trend and downward trend analysis kerna hi sub se bari baat hai agar hum iss ko analysis ker lain tu oor kiya chaiyaiy but it is difficult, however Gold is the best to trade and I also love to trade in it.
most of the time i recitation this trading strategy using EMA50 in M15, H1 and H4 period build. Study in this timeframe module cogitate me the overall trend in market change.
In my opinion M1 is the best time frame for the timing of your trades and higher time frames like h1 and H4 are best for catching the trand direction.
I believe in scalping .because i am comfortable with this trading form . i can give surety regular profit through this trading formula .so i think scalping is the best trends to earn profit in forex trading .
I like to do scalping trade where i take 10 pips per trade and it is very easy for me and i am getting very good profit from this market per day, i use in this strategy MACD indicator in 30 min time chert because this chert is good for scalping.
The trend varies from trader to trader because the trend depends on the trading style of treader himself, This is chosen according to the trading style and strategy.