Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers pcm brokers
Results 1 to 5 of 5
  1. #1
    Kevin Pietersen
    Guest

    Understanding market trend.

    I use some combination of trading indicators to help identify market trend. With several confirmation signals from indicators I can predict accurate market trend. I seem, traders can use moving average trading indicator to predict the market trend from previous Forex market data and make good prediction for open position. Once we can identify the trend clearly then we can follow the trend to make some fresh profit.

  2. #2
    Senior Trader
    Join Date
    Mar 2015
    Posts
    419
    Post Thanks / Like
    Credits
    179
    My Language
    English
    Understanding how to use indicators is the best way to make good with your analysis. Our earnings will depend on our market analysis. The more accurate analysis means, the more likely I’m going to make good profit in Forex. That’s way, right now my main focus is to learn how to fundamental and technical analysis as this is where the money is.

  3. #3
    Senior Trader
    Join Date
    Mar 2015
    Posts
    428
    Post Thanks / Like
    Credits
    137
    My Language
    English
    Well, I see maximum members of this forum are depending on technical indicators to predict accurate market trend. But, I am not! Because, I have very bad experience on using default even custom indications for this market trend purpose. This is way, now I depend on only my price action knowledge where I can avoid technical instruments of Forex. In addition, I am doing much better trading in this professional way of trading. I use support and resistance levels to indicate market trend. Actually, I always try to open my trade according to market trend.

  4. #4
    Senior Trader
    Join Date
    Mar 2015
    Posts
    444
    Post Thanks / Like
    Credits
    150
    My Language
    English
    I recognize the trend going by using naked trading strategy, namely by looking at the patterns that emerge candle. So that, we can recognize that market conditions occur. If we can recognize the market conditions are going, we could easier to make the decision on enter the market with the right position.

  5. #5
    Senior Trader
    Join Date
    Mar 2015
    Posts
    449
    Post Thanks / Like
    Credits
    135
    My Language
    English
    Yes, in my live trading I also try to open my new trade positions in order to the market flow! But, frankly, it’s not easy to identify the market trend as always! I basically filter the market trend by using moving average, RSI and Fibo! When I get same direction by all of these 3 technical tools, only then I open my new trade position! Besides, I also consider major fundamental events.

  6. ARIONFORXtarder
 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2018 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 02:00 AM.
CompleteVB skins shared by PreSofts.Com