When reading today’s lesson, keep in mind, I am not talking about “trading the trend” here, I am simply providing a set of filters and observations to identify the most obvious direction the market is likely to head. Also, the market may look like it’s trending in one dire...
HowToTradeTrendsInForex–ACompleteGuide——NialFuller翻译:六道流浪漢 Thefirststep:Learntoidentifyatrendwithnothingbutrawpriceaction 第一步:學習如何通過原始的價格運動識別趨勢 Asyouprobablyalreadyknow,therearetonsofdifferentindicatorsthatyoucanputonyour chartsto‘help’youidentifyatrendingmarketandtradewithit.Ma...
HowToTradeTrendsInForex–ACompleteGuide——NialFuller翻译:六道流浪漢 Thefirststep:Learntoidentifyatrendwithnothingbutrawpriceaction 第一步:學習如何通過原始的價格運動識別趨勢 Asyouprobablyalreadyknow,therearetonsofdifferentindicatorsthatyoucanputonyour chartsto‘help’youidentifyatrendingmarketandtradewithit.Ma...
1344184870關鍵詞: confluence(匯合、 扎堆)We’ve all heard the saying “ The trend is your friend ”, and while it sounds nice it doesn’t really teach us anything about trading a trending market or how to identify one. In today’s lesson, I am going to give you guys some solid ...
The first step: Learn to identify a trend with nothing but raw price action As you probably already know, there are tons of different indicators that you can put on your charts to ‘help’ you identify a trending market and trade with it. Many traders spend countless hours and dollars on...
Atrend line is a straight line that connects two or more price points on a chart, acting as a visual guide to indicate the direction of a currency pair’s trend. Traders use these lines to identify the general direction in which a currency pair is moving, whether it’s upwards (bullish...
It is also a good idea to use this indicator in conjunction with a 100 or 200 period moving average. You should buy and sell in the direction of the MA trend, as you can see in the EURUSD H1 chart below: There are plotted 4 red arrows each to point out when momentum had reached ...
How to identify trend reversal — identify weakness in the trending move First, let me define what atrending moveis… A trending move is the “stronger” leg of a trend and it trades in the same direction of it (that’s why I call it trending move). ...
Welles Wilder in 1978 and is a powerful tool used by Forex traders to analyze movement and identify trends before they occur. As such, it is a useful indicator to know in order to more easily determine trend strength and the possible direction of future moves. +DMI and -DMI The DMI uses...
Practice with a demo account: Many forex platforms provide the ability to paper trade before you put skin in the game. This is a time to ensure you've locked down all the mechanics of trading and tested your strategies. It's better to identify your mistakes and weaknesses in practice mode...