Trend is always good friend. i follow it every time even in range bound market in which i love buying and selling. I love to swing on both sides. Get mixed my trades with pairs and get the profit from both hands.
Thread: Ride the Trend and Enjoy !
Trend is always good friend. i follow it every time even in range bound market in which i love buying and selling. I love to swing on both sides. Get mixed my trades with pairs and get the profit from both hands.
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.
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.
Humayun (2012-07-26)
Ya these are two important things in trend, the direction of the trend, and time of entering the market. Some people like to use indicator to analyze the movement, but I would advice to analyze the trend by your own self first, then look at the indicators as some reference. If you wanna make big profit, it surely matters a lot that what time you open the trade, if you just wanna make some small profit, it would be much easier and more flexible, as long as you are trading within the range.
trend is very useful in the traders life so we have to be very careful while we are trying to find the direction of the trend and then make sure that we enter the trade in a right time
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 have also defined the reasons of losses of most of the traders. Many of them do not follow the trend, they place buy orders when market goes down and place sell orders when market goes up. Most of the trader like scalping and for this reason, when they find a little fall in an uptrend market, they place sell orders and they place buy orders when they find little rise in a downtrend market.
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.
yes i agree so much with you
following a trend in forex trading is not a bad idea
but you must have in mind that the trend can reverse anytime
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.
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.
So far riding the trend works good for me. I usually open the chart, find some interesting pair to observe, draw some possible trend line if existing, and check some indicator as well, to see if it agrees with me, if so then it might be the good moment to do some trade. I believe it's good and easy to trade with the trend, especially for those who prefer short term profit trades.
These 2 problems are major obstacles for them while riding the major trend.Are You also facing such problem ?
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 truth is this Forex trading. I am able to utilize my capacity and ride the trend and enjoy better. I am always try to better trading in Forex. One day I will capable this factor. Now I am learning better from Forex trading.
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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