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Forex trend series
: The biggest advantage of a trend is that you cannot miss. Find big enough picture to visualize current market move. What is it used for? When the cloud turns red, traders look to sell. Look for abcd points. If the trend is strong enough when to buy/sell without meaningful drawdowns? And you see the chart with the trend lines forming the triangle and the breakout point all that clearly drawn for you. The software runs on our powerful computers so you instantly get the result online.
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After considering the reliability of the pattern it tells you something like this: Hey, look at USD/NOK on hourly time frame. Take only confident trades in the best markets at the current time. Do you know the reason why most traders fail?
The best trading indicator is the one that shows future price levels. Buy that high, place a stop loss at the previous swings lows and use an appropriate risk-reward ration. Or, a new low in a bearish one. And, how to trade its end. Dollar and Euro pairs will adjust their rates. The aim of this article is to show a few tips and tricks when trading a trend. The classical Forex trend following strategy says that you should buy the dip in a bullish trend. If you consider the time frame (daily! Instead, pick the best trending pair at the current time. Nevertheless, if youre honest with yourself, as a retail trader, you wont normally trade like this. Can we, as traders, put this in some sort of trading plan? Such events happen very rarely in one single chart.
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