Thread: Ride the Trend and Enjoy !
wait we can indeed make a good trading strategy. but we also have to be trading position that always follow the trend of market prices. trend is very influential to the movement of prices and we can see the trend in the timeframe of the trade before making a transaction
believe me, one day you can be a successful trader
Unregistered (1)
I accede with you in a point that makes the trend your friend, but not in all cases, you should be warned of the accord in times of animation these times may alum alfresco it and if the trend again, can not.
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.
The easiest way is to use a trend line ...
if the prices have gone through the trend line means that there is a chance that the price trend has changed ... but have to wait for confirmation from other indicators ...
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 that is the easiest way.Or even a MACD cross over will also help us to identify a change in trend.But only these wont help.Confirmation with other indicators is needed.
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.
Unregistered (1)
yes.And mostly in Trends we should use SL.Other wise the balance will be blown up.So if we enter wrong trend,SL will save us and prevent MC.
so in trend trading,its better to use SL.
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.
Unregistered (1)
yes, the trend is our friend in forex trading, do not we trade with bucked the trend. and to know when the trend will turn around so we need to consider the point of support and resistance .....Originally Posted by dineshji
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.
According to my point of view i must say that this particular quote is very well for the trader importantly for the new traders, because when when the traders lost then they are not give the time to check out their mistakes and they are doing that thing again and again, so for that purpose select the right trend and work better.
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.
follow the trend of doing transactions in the forex business is something that is expected by many traders as it will get a lot of opportunities to generate profit and to minimize losses due to the trader would make the OP in accordance with the direction of price movement but this requires the ability to analyze properly and correctly in order to follow direction of price trends.
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.
Unregistered (1)
very good idea you give to us, as if you see that there is downward trend but yours trend is in upword direction then never use the sell position you should take wait until you see the graph is coming down,wait for the 1 or 2 candles.
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.
There is another indicator Bollinger Bands which a trader can consider to figure out the change in trend which is called trend reversal and a trader can consider the same for change in trend and then can perform their trades accordingly.
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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