Trend trading is highly profitable. Trend trading is what can make you a fortune only if you can learn the art of identifying a trend at the right time and exiting it before the trend reverses itself. Here lies the problem, many traders can't figure out how to identify a trend. Many also can't figure out when the trend will come to an end.
If as a trader, you can't figure out how to identify a trend and how to know in advance when a trend is about to come to an end, you should stay away from trend trading as the chances are that you will end up taking a huge loss in the market.
So, how do you identify when a trend is about to begin. You can use a number of chart patterns like the head and shoulder, double top, double bottom, ascending triangles, descending triangles and a host of other chart patterns that can help you identify when a new trend is about to start. Easier said than done!
Many traders can't even identify these chart patterns on the chart what to talk of identifying when a trend is about to start. In the same way, these very same chart patterns can be used in knowing in advance when a trend is about to reverse itself. You can also use trend reversal candlestick patterns as well as trend continuation candlestick patterns in conjunction with these chart patterns.
But these things are easier said than done. Mastering these chart patterns as well as mastering candlesticks is not easy. Even many experienced traders have difficulty identifying these chart patterns. So, drop the idea of trading trends? No, not at all! What you need is a good trending indicator that has been programmed by the developer to identify when a trend start and when it is about to end.
Meet Gary. Gary has been a trader for around ten years. He has been trading forex for the last seven years. Just like any other forex trader, he bought every new forex course, he also tried every new trading system, blew up his trading account a number of times and couldn't figure out how to make consistent money in the forex market.
Bu through hard word and long hours of trial and error, he has developed this Forex Trend Indicator. This is a very simple and easy to use trending indicator that will make you free of identifying when the trend starts and when it ends.
You can use this simple and easy to use manual trending indicator on your MT4 platform. It comprise three trigger lines that tell when the trend starts and when it ends. It tells you when to buy with a blue color and when to sell with a red color. Whatever, this is a very simple trending indicator that can give you more winners than losers without you ever bothering to study chart patterns or candlesticks.
It will give you an email alert or an audio alert when the new trend develops in the market. You can use this trending indicator on any timeframe above the 15 minutes chart. But it works best on the one hour chart. It gives very good results on the lucrative and the highly traded currency pair GBPUSD although you can trade any currency pair with it.
It is always a good idea to first practice on a demo account and develop a feel of how a system works under different market conditions. When you test it sufficiently, you can start trading live with it. You can try this Forex Trend Indicator on your demo account RISK FREE for 60 days!
If as a trader, you can't figure out how to identify a trend and how to know in advance when a trend is about to come to an end, you should stay away from trend trading as the chances are that you will end up taking a huge loss in the market.
So, how do you identify when a trend is about to begin. You can use a number of chart patterns like the head and shoulder, double top, double bottom, ascending triangles, descending triangles and a host of other chart patterns that can help you identify when a new trend is about to start. Easier said than done!
Many traders can't even identify these chart patterns on the chart what to talk of identifying when a trend is about to start. In the same way, these very same chart patterns can be used in knowing in advance when a trend is about to reverse itself. You can also use trend reversal candlestick patterns as well as trend continuation candlestick patterns in conjunction with these chart patterns.
But these things are easier said than done. Mastering these chart patterns as well as mastering candlesticks is not easy. Even many experienced traders have difficulty identifying these chart patterns. So, drop the idea of trading trends? No, not at all! What you need is a good trending indicator that has been programmed by the developer to identify when a trend start and when it is about to end.
Meet Gary. Gary has been a trader for around ten years. He has been trading forex for the last seven years. Just like any other forex trader, he bought every new forex course, he also tried every new trading system, blew up his trading account a number of times and couldn't figure out how to make consistent money in the forex market.
Bu through hard word and long hours of trial and error, he has developed this Forex Trend Indicator. This is a very simple and easy to use trending indicator that will make you free of identifying when the trend starts and when it ends.
You can use this simple and easy to use manual trending indicator on your MT4 platform. It comprise three trigger lines that tell when the trend starts and when it ends. It tells you when to buy with a blue color and when to sell with a red color. Whatever, this is a very simple trending indicator that can give you more winners than losers without you ever bothering to study chart patterns or candlesticks.
It will give you an email alert or an audio alert when the new trend develops in the market. You can use this trending indicator on any timeframe above the 15 minutes chart. But it works best on the one hour chart. It gives very good results on the lucrative and the highly traded currency pair GBPUSD although you can trade any currency pair with it.
It is always a good idea to first practice on a demo account and develop a feel of how a system works under different market conditions. When you test it sufficiently, you can start trading live with it. You can try this Forex Trend Indicator on your demo account RISK FREE for 60 days!
Mr. Ahmad Hassam has done Masters from Harvard University. Learn this powerful Fibonacci Retracement method FREE that pull 500+ pips per trade. Try the Forex Trend System RISK FREE for 60 days!
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