Power of market Trend
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  1. #1
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    Cool Power of market Trend

    Hello guys,
    I hope everyone is fine and enjoy your weekend with family.
    It's my second thread in this forum and I always think to share my knowledge with every friend.
    Today I will talk about the power of trend. I want to say one thing to all traders no one can become successful those who are think their analysis are more powerful than Trend. This type of trader always lose money in the market.
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    Just, check the chart of crude oil where market comes down more than 2600 pips. I think this is the best example of trend trading. Now it's time to change your mind and follow the market trend to do safe trading. Kindly share your own point of view I have need your precious feedback.
    Hope for the best good luck everyone for a successful trading career.

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    Congratulation to open a new thread and thanks for sharing your knowledge. You are really giving a good example of trend trading I hope that most of traders will take benefit from this thread and do trade with proper stop loss and proper money management. I also watch crude oil from many weeks it comes down day by day now let's see what will be happen. Overall, it's totally oversold.

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    Registered user jamey's Avatar
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    There is a properve in forex world that is, trend is your friend, so we know that how much is the necessary is market trend is. We have to trade always with market trend, but we have to identify the market trend at first, we cab get helps from trend line for that. Trend is our real friend in forex market, remember that.

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    Registered user snnaky's Avatar
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    Quote Originally Posted by jamey View Post
    There is a properve in forex world that is, trend is your friend, so we know that how much is the necessary is market trend is. We have to trade always with market trend, but we have to identify the market trend at first, we cab get helps from trend line for that. Trend is our real friend in forex market, remember that.
    Yes i agree with you that is trend time as excellent strategy and there are many of traders use it . But there is a problem as some people think about. It is that how long the drawing is true or not . There are many use it but they loose also .so the lesson in appropriate time frame

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    It is one thing knowing the trend and then for you to know the rules and way of taking the trend trade is another thing. Therefore, you should know the trend and understand the candle stick signals, because they form right after the drop or the high of price. Therefore also, noting those support and resistance zones on the chart will for sure help a trader know when the trend is about setting out.

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    Quote Originally Posted by Striker$ View Post
    It is one thing knowing the trend and then for you to know the rules and way of taking the trend trade is another thing. Therefore, you should know the trend and understand the candle stick signals, because they form right after the drop or the high of price. Therefore also, noting those support and resistance zones on the chart will for sure help a trader know when the trend is about setting out.
    That is very true sir. It is one thing to know how to identify a trend and it is another thing altogether to know the laws of how to open a trade along the trend line. It is very possible for you to be able to identify a trend of the market and still lose out in trading. This has happened to me on many occasion. There are rules that follow trading of the the trend . The best way to enter into a trend is to wait for a major pull back before joining the trade in a good trending market.

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    There is Power in trading the trend, but where I think we get some things wrong is on thinking that the result that we got from back testing can be repeated over again in the live account, you said oil was in a trend that gave over 2,600 pips, but I can assure you that that in live trading, you cannot get this type of money because emotions and other factors would be involved in the process.

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    Registered user cutiekc's Avatar
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    The trend has the profitability potential, however, as a trader making use of it as well, we can earn a lot of profits from the reversal, so therefore we ought to know that it is all both ways. We ought to learn the trading of the trend and then have it in the back of our mind that the price could reverse and then there could be some trouble getting to locate price and make good decisions.

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    Yes you are exactly notify a right thing in market because all of our losing will is in same picture we are trend trader it is good think in same situation a trader is working and without stoploss how he can survive first of all we lose most of money and then stress get controlled and we face more losses due to panic attack so avoid such situation and use a good risk management in trade .

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    I think you are taking about the risk of market because in this market we see same condition with different aspect only a successful trader perform our trade better here , we use trendline trading it is beneficial but without learning in market it is not possible we must always plan B for trade and never forget to use risk management .

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