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  1. #1
    Trader debian's Avatar
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    identify trends in daily, weekly and monthly effectively and efficiently

    Hi all , hopefully a good day with you and keep your trading profitable.

    In here i will share the strategy to identify the trend as effectively aso efficiently just using simple indicator, that is moving average . though this simple but i has proves this really powerful and untill now i am still using its to know the trend in daily , weekly till monthly , so i can trade base on trend , as we know trend is our friend or at some of other says trend is boss.

    Originally this strategy from Kang Bimarpradana , say thanks to Kang Bimarpradana first also to KG or kang gun .

    OK , lets start to talk about strategy .

    1. Identify in Daily

    A. Picture

    Attachment 15187


    B. Indicators

    #Simple Moving Average Harian (SMA Harian)
    Period = 24, Shift = 0
    Type = Simple
    Aplly to = Close

    # Shift Moving Average Harian (SMA Shift Harian)
    Period = 1, Shift = 24
    Type = Simple
    Aplly to = Close

    C. Technical

    - If the price is above SMA and SMA Shift then the condition is Trending up
    - If the price is above SMA and SMA Shift then the condition is trending down

    - only used to look at the H1 Time Frame (TFH1)

    2. Identify in Weekly

    A. Picture

    Attachment 15188


    B. Indicators

    #Simple Moving Average Harian (SMA Harian)
    Period = 120, Shift = 0
    Type = Simple
    Aplly to = Close

    # Shift Moving Average Harian (SMA Shift Harian)
    Period = 1, Shift = 120
    Type = Simple
    Aplly to = Close

    C. Technical

    - If the price is above SMA and SMA Shift then the condition is Trending up
    - If the price is above SMA and SMA Shift then the condition is trending down

    - only used to look at the H1 Time Frame (TFH1)

    3. Identify in Monthly

    A. Picture

    Attachment 15189


    B. Indicators

    #Simple Moving Average Harian (SMA Harian)
    Period = 480, Shift = 0
    Type = Simple
    Aplly to = Close

    # Shift Moving Average Harian (SMA Shift Harian)
    Period = 1, Shift = 480
    Type = Simple
    Aplly to = Close

    C. Technical

    - If the price is above SMA and SMA Shift then the condition is Trending up
    - If the price is above SMA and SMA Shift then the condition is trending down

    - only used to look at the H1 Time Frame (TFH1)


    >> CONCLUSION

    This Overally for look trend in Daily , Weekly , MOnthly

    Attachment 15190


    based on the picture above, the trend has been identified :

    Daily : trend has not yet formed

    Weekly : Trend Up

    Moonthly : Trend UP

    OK .. Finish .

    I hope this can help for everyone who has still confuse about How to identify the trend

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    Last edited by debian; 09-24-2016 at 11:57 PM. Reason: Image

  2. #1061
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    One thing I have learned with forex trading is that in as much as we have been able to understand and know how we can handle the market, the weekly chart, monthly and daily chart, knowing the trend and trading on thei market only when the trend agrees with each other then I am sure we can make money from the market and be a long term successful trader.

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  3. #1062
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    Forex is a risky business and using higher time frames like daily and eekly time frames are give us easy success on this business and to follow the market trend with strong trading plans is give us high accuracy in trading. So, traders success is possible only when they are use a good and strong trading strategy in their trading and that trading strategy is lead them towards the success.

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  4. #1063
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    There are different ways we can identify the trend and information about it can help us make a proper analysis and ensure that we have good trades, trends that are well identified makes lots of sense because then we can understand exactly what we are doing, without knowing about the trend, we will need to prepare ourselves for losses because we have the wrong mindset already.

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  5. #1064
    Trader Goldenstein's Avatar
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    Quote Originally Posted by Leonvic View Post
    There are different ways we can identify the trend and information about it can help us make a proper analysis and ensure that we have good trades, trends that are well identified makes lots of sense because then we can understand exactly what we are doing, without knowing about the trend, we will need to prepare ourselves for losses because we have the wrong mindset already.
    daily identification of trend is enough for me to do because i can not see how things are happening through bigger time frames. weekly and monthly just not really useful for me and my strategy can not apply the time frame very well as it has been already designed to work with daily and lower time frames. my ability to determine market trend is limited to daily chart and i feel satisfy to have that experience in the business.

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  6. #1065
    Trader Batavia's Avatar
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    the big time frame it is good to identify the big direction if you able to make an analysis in higher time frame you it can help you to make decision in this trade and you will not getting stress because you have already know the real trend. which i know the big time frame is for a long term trade and small time frame is for a short trade.

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  7. #1066
    Trader Silhouette's Avatar
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    Quote Originally Posted by Batavia View Post
    the big time frame it is good to identify the big direction if you able to make an analysis in higher time frame you it can help you to make decision in this trade and you will not getting stress because you have already know the real trend. which i know the big time frame is for a long term trade and small time frame is for a short trade.
    Waiting is the most stressful thing traders can't accept in this business, that's why many of them choose to trade with scalping and other short term strategies. I think most of traders can analyze market trend with high time frames but not all of us has such level of patience to stay off the market while waiting until market price is moving near specific levels which could take up to random days.

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    rules made to be followed, not to be broken

  8. #1067
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    Trend trading is the best way to trade to avoid unnecessary lose,therefore the need to identify the trend for good success is very paramount. I prefer the H4 time frame to above the others to determine the trend of the Market before placing order,sometimes daily time frame as well.

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  9. #1068
    Trader Batavia's Avatar
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    Quote Originally Posted by Silhouette View Post
    Waiting is the most stressful thing traders can't accept in this business, that's why many of them choose to trade with scalping and other short term strategies. I think most of traders can analyze market trend with high time frames but not all of us has such level of patience to stay off the market while waiting until market price is moving near specific levels which could take up to random days.
    yes i know waiting is the annoying situation will faced by trader but trader must to have a good patience for make a good decision, it does not matter whatever the strategy they are used even for scalping they have wait until the system calls them or gives them a signal to make an entry.

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  10. #1069
    Trader Doge's Avatar
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    You don't really need the monthly trends, probably even the weekly ones. Trading a single one of these takes years, it's just too long for retail trading especially small accounts like, I assume, many of us have. Even trends on the daily charts are too long and too expensive (because of swaps) to trade, but it's good to be aware of them as context for smaller timeframe trades.

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    Wow. Much Forex. So Monies. Very Opportunity.Many Trade. So Amazed. Wow.

  11. #1070
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    We have to trade with daily trend , because on daily basis market have different sentiment , we have to trade with the best strategies and with good plan , we must learn and put our all the time in this market for the learning purpose when we have good observation we have chances to make our plan for having success .

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