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  1. #1
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    Don’t predict the market, just follow it.

    This topic is not only for new comes but also for advance traders. Many good Forex traders always advice to others that follow the trend for a better result. In addition, I agree with their suggestion and always try to follow them as well apart from following a trend. When we analyze technical charts at the time we may see clear trends, in longer time frame, gather than H4 time frame. Chart we can see clear direction about the market trend.

    Once we learn how to follow the market trend, then we will be able to make consistent big profit without facing any kind of big problems. But, when it comes to prediction we should be aware of the fact that is really won’t work sometimes. When we predict a trend, at that time we don’t look at the technical sides we see future events which are about to release. But most of the time, our prediction goes wrong.

    What’s your personal opinion about this issue? Which is profitable or suitable for us? To predict the market trend.

  2. Thanks Tammyson thanked for this post
  3. #2
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    In Forex, it is said that ‘trend is your friend’. It is very true issue in Forex business. But, most of the time newbie’s or some mild experienced trader open their trades just with some kind of prediction of market movement. It does work for sometime but most cases it gives you very bad effect in your trading balance. Follow the market trend is a good way of making profit through sometime phase reversal can happen. So, we should be alert with Forex trend. By the way, personally I mark market trend based on key level or strong support or resistant points.

  4. #3
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    the work has with the distinct on customs as trader occupying choice of selection with the trading system to run with the analytics.
    as referring ones with the decision on capturing of the good view on defining the future movesment of the trend direction.
    that more of the good returns from the different arrange on working with the evaluation helps of the better precision on submitting risks and to close of an order.

  5. Thanks Tammyson, PCMNewsdesk thanked for this post
  6. #4
    Senior Trader
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    Quote Originally Posted by Andre Silva View Post
    This topic is not only for new comes but also for advance traders. Many good Forex traders always advice to others that follow the trend for a better result. In addition, I agree with their suggestion and always try to follow them as well apart from following a trend. When we analyze technical charts at the time we may see clear trends, in longer time frame, gather than H4 time frame. Chart we can see clear direction about the market trend.

    Once we learn how to follow the market trend, then we will be able to make consistent big profit without facing any kind of big problems. But, when it comes to prediction we should be aware of the fact that is really won’t work sometimes. When we predict a trend, at that time we don’t look at the technical sides we see future events which are about to release. But most of the time, our prediction goes wrong.

    What’s your personal opinion about this issue? Which is profitable or suitable for us? To predict the market trend.
    Well, traders need to open their trade’s position after doing deeper analysis on the current market! The accuracy of the market analysis always depends on the traders trading skill; pro traders are doing their trading with a good success ratio, they have such a consistency in their trading! By the why, if you try to gambling here and test your luck here, they are on the risk.

  7. #5
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    Quote Originally Posted by Ricard Dorman View Post
    Well, traders need to open their trade’s position after doing deeper analysis on the current market! The accuracy of the market analysis always depends on the traders trading skill; pro traders are doing their trading with a good success ratio, they have such a consistency in their trading! By the why, if you try to gambling here and test your luck here, they are on the risk.
    Hi Dorman; you are absolutely right, there is no connection with the luck! But I see, till now many new traders try to make money although they have nothing knowledge on this financial market! By the way, what was your learning experience? Had you any mentor or you learned manually?

  8. #6
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    No, I hadn’t any mentor! Actually, Forex is not such a proper income way in my country! Frankly, I struggled a lot in my initial stage; in this case popular online forums helped me a lot especially this one! You may know, there have so many useful threads here! I have learned technical & fundamental analysis by those threads! Till now I follow the daily fundamental analysis by the authorities of this forum community; really amazing!

  9. #7
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    Quote Originally Posted by Ricard Dorman View Post
    No, I hadn’t any mentor! Actually, Forex is not such a proper income way in my country! Frankly, I struggled a lot in my initial stage; in this case popular online forums helped me a lot especially this one! You may know, there have so many useful threads here! I have learned technical & fundamental analysis by those threads! Till now I follow the daily fundamental analysis by the authorities of this forum community; really amazing!
    Wow; that’s really great! I hope you’ll get your yearly target in 2018 very smoothly! One more question; what is about your trading system?

  10. #8
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    Quote Originally Posted by Marcus Reilly View Post
    Wow; that’s really great! I hope you’ll get your yearly target in 2018 very smoothly! One more question; what is about your trading system?
    Unfortunately, I can’t share any info about my trading system! It’s very personally, really sorry for that.

  11. ARIONFORXtarder
 

 

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