yes this is true trend is the best friend of the trader but this does not work in volatile market and as we know the market is more volatile than trend trade is great for a long term trading.
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there is no readymate detector or indicator. but, you can regularly keep your eyes on the economic news, then you can easily pick the trend of the market. for example, inflation increasing in any market will reduce the price of that currency.like that, pick some more economic indicator.
yar kuch indecaators hane jo app ko trend k mutaliq bata detey hane par main to app ko yahi kahon ga k un ki indecations her wqt darust nahi hoti hane app sirf s analyze karne k liye he use karo baki jo ha trade apni marzi se he open karo to app k liye acha ho ga
Detecting Trend Is So Easy , See Forex News And Use Some Trend Indicator To Know the Trend. One Tool Which Is Most used By Professional Is Currency Strength Meter Its Best for Detecting Trend .
I am also trying to find a way to detect the early market trends but unfortunately I have not found any indicator that can help me with my problem. Because the truth is it is hard to detect a new trend when it is about to form or start.
yea, there are many indicators to detect early trends. but, we must remain vigilant. because all the predictions that can not be 100% accurate. we must have a safety net, if our analysis is wrong. always use the SL.
can be done to detect the early going of the trend, that we begin to see from the TF M5 see where the direction of movement, followed by a larger TF, and if all the TF has been demonstrated in the same direction, then the possibility there is also a larger trend. especially coupled with the news that supports the direction of the trend.
-I thought, with attention to news. News is a major effect on market movements. If you want to see the trend, you can look at a larger time frame. As long as there is no news, I'm sure a large time frame is very good at determining the trend. But when the news will be released, should you stop trading and start to pay attention to news.
we need to first find was a big trend, and when we have found the trend of our trade Dalma then the next step is to notice kesul trend that happens every day so that we can do it better trading