What do you understand by trend trading? - Page 364
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Thread: What do you understand by trend trading?

  1. #1
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    What do you understand by trend trading?

    It is in my notice that many traders are saying trend trading, but they do not know how to trade the trend really. Trend is the main thing traders should aim for in the market, this is because market moves is the nature of trend traditionally. Except there is a reversal, then another trend would form immediately. But traders do not do this because they do have other alternative, and thereby gambles more in trading. I hope this thread will shed more light and understanding to such trader`s knowledge of trading the trend.

    What is trend? Trend simple means "direction". In other words, the trend of the market is the direction the market follows. While trend could be short term, medium term or long term.

    Attachment 11865

    HOW TO TRADE THE TREND: Looking at the above chart picture on EURAUD of 1 hour, Although in the picture market is trending for a long term (Based on the candlestick count), But it did not do this trending all along in a straight/smooth line. The market started from 1.45917 and finished the trend at 1.42245. But along the line, there were retracement, some of them were marked with the white arrow on the chart above.

    This simply means that; the trader have to be strict in trading the trend. You will not mind the side attraction of the retracement, but the long enduring trend of the market; until you are satisfied that a reversal is observed.

    INDICATORS AND SYSTEM FOR THIS: Although, it is tactical to know if a trend will continue or not, but indicators like moving average, MACD, Bollinger bands etc. are effective in knowing this. Also, trading system like trend-line, price action etc. will help the trader to know at intermediate trading whether a trend is continuing or not. And by this, the trader will know if to continue or exit

    NOTE: The best time frame to enjoy the trend trading is on the larger time frame. By this, i mean from 4 hours to 1 month time frame. This is how you will have the full benefits trend trading could give you. This is the way the large firms and banks trade. If you can be patient with trend trading, it really worth it more than any system you may adopt. HAPPY TRADING!

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  2. #3631
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    Market price movement is called market trend and it is most important thing for trader for making good capital.Trader should spend his good time for learning and do more practice on demo accounts for getting good trading experience.Many trader use the different indicators for analyzing the trend and i use the moving average trend indicator with scalping strategy.

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  3. #3632
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    For intraday traders, 10 pips are a good stop. Perhaps 15 pips are justifiable if you are trading a volatile pair. But no position should require more than that unless you are planning to hold your position for more than a day. Human beings are fallible, and bad trades are inevitable. You can always get back in later, but a 10-pip loss signifies that this entry was ill-timed. If you keep your losses to 10 pips or even less, you are allowing yourself plenty more opportunities to trade, even if you get yourself into a situation where you overtrade and take a string of losses.

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  4. #3633
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    You have the right to trade the trend lines are the best methods of trading and as it is said trend friend of the trader but unfortunately few who know the drawing of the trend line accurately which is not to penetrate the body of the candle but only passes on the shadow whether down or upward for this you find the mistakes of trading many at beginners

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