What do you understand by trend trading? - Page 353
Page 353 of 364 FirstFirst ... 253303343349350351352353354355356357363 ... LastLast
Results 3,521 to 3,530 of 3631

Thread: What do you understand by trend trading?

  1. #1
    Banned
    Join Date
    Sep 2013
    Posts
    26,777
    Thumbs Up
    Received: 289
    Given: 50

    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!

    Not allowed!

  2. #3521
    Trader
    Join Date
    Mar 2017
    Location
    Biafra
    Posts
    11,775
    Thumbs Up
    Received: 58
    Given: 20
    It's possible we have the possibility to make it through with the trend because this trend is the best means to follow the market and be hopefully we can earn from the market. The trend is the best friend of a trader and this trend can give us the best opportunity to earn in this business. With the trend we will have the opportunity to earn from the market and can as well reach out for this trade. The trend is the boss and will always be for our own good if we get to follow it.

    Not allowed!

  3. #3522
    Trader
    Join Date
    Feb 2018
    Posts
    1,426
    Thumbs Up
    Received: 4
    Given: 2
    In Forex trading the market moves in trend. It will be upside trend or downside trend. If you understand the trend of market then you can easily make profit. For understanding the trend of market some indicators are used which can help us to understand the trend of market. So apply that indicators and analyze the trend then make order.

    Not allowed!

  4. #3523
    Trader
    Join Date
    Oct 2018
    Posts
    468
    Thumbs Up
    Received: 2
    Given: 1
    Trend trading is one way we can prevent some mistakes which are common with many traders, the identification of the proper trend is the first step towards the achievement of our trading goal, once we've understood what a trend means, the next step is to apply this knowledge to the charts, because knowing something and then failing to use it profitably is a waste of time.

    Not allowed!

  5. #3524
    Trader
    Join Date
    Jul 2017
    Posts
    2,770
    Thumbs Up
    Received: 11
    Given: 8
    Trand has inner reasons to last long time and traders should follow the trend if they want to earn money. Many new traders think that it is the best way to trade against trend and market punishes them. Traders should use corrections as an opportunity to open positions in trend direction and understand the reasons why corrections happen.

    Not allowed!

  6. #3525
    Trader Azis Muslim's Avatar
    Join Date
    Sep 2013
    Posts
    5,514
    Thumbs Up
    Received: 280
    Given: 192
    Quote Originally Posted by zaingj View Post
    Trend trading is one way we can prevent some mistakes which are common with many traders, the identification of the proper trend is the first step towards the achievement of our trading goal, once we've understood what a trend means, the next step is to apply this knowledge to the charts, because knowing something and then failing to use it profitably is a waste of time.
    When traders can finally follow a market trend, they are definitely improve their accuracy and guarantee their trades will be closed in profits for more than 85%. Thanks to our hard work with analyzing market continuously and our strategy plays an important role to give us this result. By the time we follow market trend, we need to know where we can close our trades precisely and know when market is stopping its movement.

    Not allowed!

  7. #3526
    Trader
    Join Date
    Mar 2019
    Posts
    730
    Thumbs Up
    Received: 0
    Given: 1
    We must need to understand the market trend if they want to earn money from this business. If market trend is bullish then we can enter buy trades with proper planning. This is must for us to know the market trend because to know the market trend we must choose those trading methods that are give traders easy success.

    Not allowed!

  8. #3527
    Trader
    Join Date
    Feb 2019
    Posts
    731
    Thumbs Up
    Received: 2
    Given: 1
    Trend trading is good but almost all people are finding trend from different ways. I started trend trading before 10 days almost trying on demo but its too much confusing. drawing trend line need to cover points then its support and resistant understand is hard because i draw and saw many time market move more then line so in that case our sl can hit.

    Not allowed!

  9. #3528
    Trader
    Join Date
    Nov 2018
    Posts
    3,539
    Thumbs Up
    Received: 10
    Given: 2
    Trend trading is the helpful way to open the successful trade because for us this is essential to make the successful strategies and with tackle the trend of market this is easy for us to get success in the forex market so on the basis of good knoweledge and giving value to the trend all matters for taking good results .

    Not allowed!

  10. #3529
    Trader
    Join Date
    Apr 2019
    Posts
    618
    Thumbs Up
    Received: 1
    Given: 0
    I have seen most traders often loose their account easily than some simply because of trading against trend.Trend trading is simply trading in the direction of the trend.Thats when the trend is down ,you are only considering selling not buying and when it's up trend you are only buying not selling.This is the principles upon which any good strategy is built.

    Not allowed!

  11. #3530
    Trader
    Join Date
    Jul 2017
    Posts
    3,705
    Thumbs Up
    Received: 51
    Given: 7
    Trend is the key way of the forex market movement and it lasts for a while and whenever you are willing to start seeing it when it is present and willingness to always follow it then making money would be made easy even when you are wrong the market prices would never move so much against your trades, but whenever you starts trading against the main market trends then you would be come a loser in most of your trades. Trend is the key main to remain profitable on the longer term most times in the field of forex market, but you must learn how to follow it.

    Not allowed!

Page 353 of 364 FirstFirst ... 253303343349350351352353354355356357363 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •