Inclining markets offer us the best chance to benefit since the market is unmistakably moving one general way; we can utilize this data to further our potential benefit by hoping to enter the market toward the pattern. An upturn is set apart by a progression of higher highs and higher lows, and a downtrend is set apart by a progression of lower highs and lower lows.
Aug 12 2019 at 11:19
Problem that by the time an uptrend is identified the move is already finished and the price may reverse. Seeing a trend is easy in hindsight but in a live market there are too many fake trends
Aug 12 2019 at 13:31
What is the trend?
On different timeframes you are getting different results.
I traded both long and short today and yet acquired profit.
It is more matter of trading system and trading rules because if there is clear trend why would anyone trade against it?
Everybody would simply go with tren and make profit but markets do not work this way.
On different timeframes you are getting different results.
I traded both long and short today and yet acquired profit.
It is more matter of trading system and trading rules because if there is clear trend why would anyone trade against it?
Everybody would simply go with tren and make profit but markets do not work this way.
Aug 23 2019 at 17:23
Basically I am considering the market trend based on D1 time frame! In addition, H4 provides me the trend conformation!
The market should be considered in several time frames to determine the main direction and further inferiors and one more, trend trading is now trading according to the current trend, sometimes, you should wait and trade against it.
Gorh posted:
The market should be considered in several time frames to determine the main direction and further inferiors and one more, trend trading is now trading according to the current trend, sometimes, you should wait and trade against it.
I basically count the trend according to the status of daily time frame; since it’s relatively stable than the smaller time frames!
togr posted:
What is the trend?
On different timeframes you are getting different results.
I traded both long and short today and yet acquired profit.
It is more matter of trading system and trading rules because if there is clear trend why would anyone trade against it?
Everybody would simply go with tren and make profit but markets do not work this way.
Very good point. I had never thought about trends in that way
Looking at the how the market is moving and finding low risk points to enter the market according to the trend. Holding on to the position till the trend reverses its direction. That is what is trend trading for me. Well, I like to combine both range trading and trend trading, that helps me better.
Aug 27 2019 at 11:43
PitCarry posted:togr posted:
What is the trend?
On different timeframes you are getting different results.
I traded both long and short today and yet acquired profit.
It is more matter of trading system and trading rules because if there is clear trend why would anyone trade against it?
Everybody would simply go with tren and make profit but markets do not work this way.
Very good point. I had never thought about trends in that way
Well I do usually trade according to my own logic.
On contrary many traders follow the best practices published for Forex trading...
... and any of them are losing money :)
Aug 27 2019 at 11:43
...many...
I tried finding 'finding low risk points to enter the market according ' but the price always keeps on falling when I enter. It is like whenever I enter at a 'dip low' the price is actually reversing and wipes out my stop loss
Aug 27 2019 at 14:46
That means; you are trading against the market trend; do you use support/resistant levels on your trading chart?
Adribaasmet posted:
That means; you are trading against the market trend; do you use support/resistant levels on your trading chart?
I don’t think; trading against the market trend is a good choice! Because more than 70% the market follow it’s previous trend!
Aug 31 2020 at 16:19
45656 posted:Good explanation. However, to find a good entry and exit point trader also have to determine the trend strength. Otherwise, while you are waiting for one, you are missing out on a highly profitable trend right in front of you.
Inclining markets offer us the best chance to benefit since the market is unmistakably moving one general way; we can utilize this data to further our potential benefit by hoping to enter the market toward the pattern. An upturn is set apart by a progression of higher highs and higher lows, and a downtrend is set apart by a progression of lower highs and lower lows.
Sep 01 2020 at 12:58
What matter is your strategy to trade specific markets.
If you are strategizing on trend trading, you will lose out on days of consolidation.
If you are strategizing on range trading, you will lose out on days of trending.
Plan well, trade well, and risk manage well.
If you are strategizing on trend trading, you will lose out on days of consolidation.
If you are strategizing on range trading, you will lose out on days of trending.
Plan well, trade well, and risk manage well.
It's true that trend is our friend. But market doesn't move in trend all the time. Sometimes for a long time market remains in the consolidation phase. That's why we need to learn to trade in both the market. We have to adapt ourselves with changing market scenario.
It seems to me that working with a trend is a classic approach.
And today, many market participants prefer to use something more unusual and bold, and this is directly related to the current changes in the market.
And today, many market participants prefer to use something more unusual and bold, and this is directly related to the current changes in the market.
Sep 02 2020 at 17:00
I know traders who trade by trend and I know those who trade against trend. And all these traders make good profits. So what is the secret? The individual features of analysis, the choice of timeframe for analysis, the size of the leverage and the time of opening an order. So perhaps the most important thing is to use what you understand well and what you can implement in practice.
The Forex market depends on the context. This context refers to market volatility and trend momentum. The Forex market operates in 4 ways, such as Impulsive / Corrective / Volatile / and Non-Volatile. If you can understand this momentum, you will understand the trading trends better. These 4 momentum are usually called contexts.
Oct 09 2020 at 11:10
Trading against the market or not depends on your strategy. You can make good profits both ways if your strategy is profitable.
