Trend Trading Strategies



Visit our website: http://TrendTradingStrategies.com If you want to know how to trade Forex using a trend trading strategies, you need to learn first how to identify trends and follow them. Below is the list of 2 main ways to identify trends that can be applied to many trend following strategies: 1. Identify a new trend with candlestick chart patterns. Typically a new trend can be identified with a help of chart patterns. The main patterns for trend identification are triangles, double tops and bottoms. Usually such patterns predict the beginning of a new trend with highest probability. 2. Use moving averages to identify a new trend. The crossover of two moving averages is a very popular trading indicator for trend-following strategy. The disadvantage of moving averages is in their delay of the real-time data. Their benefit is that they provide good signals for enter and exit perfect for long term trading. When you trade following a trend, you need to follow the rules of your strategy. There a number of trend trading strategies that may have the same principle but different rules. Your trend trading should be systematic. The trend following strategies are usually not based on a fundamental analysis. They apply only technical analysis that includes candle stick charts. http://youtu.be/3GNe_gKFDBo Trend trading strategies trend trading strategy trend trading trend following strategy trend following systems trend following indicators trend following

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