Ami mt4 use kori abon atar modhhe 1 H chart or time frame ta ami oneaak posondo kori karon ata amr khubi favor kore ami ata diye oneak profit paye thaki ata amar jonno khub valo akta trend.
for me to follow the best trend we must do depend our good habit, and for me the best trend its use TF 1 H. but sometime i use TF15 M. i use TF 1H because i usually use fundamental analysis with following news.
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may mean that prices fully formed is related to the daily range of existing friends for example if the daily range is usually 100 pips per day is necessary to be alert to open a position in this condition
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very good because then we will understand how the price movement in a small time frame and could see also the direction of prices in the larger time frame
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you can using our own strategy is the best way to use for analisa trend . because we can enjoy our trading since we know exactly what we are doing.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
As said, trends are not visible from the point it starts, only with higher level of analysis we can identify it. And it's not advisable by many traders to enter from the beginning of the trend itself, they do emphasize for confirmation of those trend appearance. So waiting for right entry point which is supported by confirmation is essential to be winning in Forex.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I am using the M15 chart system as this gives a better understanding for the medium term trade orders which have to be executed on a particular market timings.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
It is always better to wait before we decide on any trends in the markets, since most of the trends are not immediately visible and we have to wait for a long time before we can see them. And also we will make more profits if we continue in the trend for long periods of time sine then the number of pips gained will be more.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I always see more long term trends either up or down. The trends formed on larger time frames are more stable compared to smaller time frames. but again it depends on the individual traders trading style.
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I usually trade in gold or eur-usd and both have good fundamentals for long term, so i often follow bullish trend only, as even if prices come down, it gives the opportunity to wait for some time for those prices to return instead of closing your position due to long term stop loss and losing heavy.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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