Forex Zone - Forex Forum

Follow trend in General Forex Discussion_697bdb568da29

Follow trend

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 844
  • Points: 313
  • Likes Received: 64
  • Reputation: +0/-0
follow trend is a word that must be remembered by all traders because following the trend is the most important thing when we open a position we have to see how the trend is now Is it going up or down and you just follow the flow don't fight
#961 - August 03, 2021, 01:03:06 AM

  • Sr. Member
  • Posts: 262
  • Points: 476
  • Likes Received: 0
  • Reputation: +1/-0
follow the trend does not always make us profit. sometimes counter trend will also make us profit
#962 - August 03, 2021, 02:18:44 AM

  • Full Member
  • Posts: 237
  • Points: 2100
  • Likes Received: 16
  • Reputation: +2/-0
trading using follow trend will make it easier for you to open positions repeatedly according to the trend, and usually will open positions if the trend undergoes a slight correction that's where our momentum for open positions either up or down
#963 - August 10, 2021, 08:19:15 PM

  • Jr. Member
  • Posts: 61
  • Points: 2
  • Likes Received: 0
  • Reputation: +0/-0
trend follow is more suitable for traders with long term style and those who want trading with small risk, while counter trend is more suitable for those who trade scalping. However, it is undeniable that many senior and professional traders recommend following the trend because in the long term this method is more profitable and keeps our account safe.
#964 - August 11, 2021, 08:20:17 AM

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
Trading by following the trend direction for me will feel more calm and comfortable, because by following the direction of the trend we will face a more minimal risk
#965 - August 16, 2021, 02:33:29 PM

Sponsored

Follow trend in General Forex Discussion_6803a6c52eb12
#966 - Today at 03:24:24 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
How to follow the trend, some traders using indicators as a helpful tool, there are so many kinds of trend-following indicators, but the most popular indicator for the trend is Moving Average, simple or exponential, MACD, Bollinger band, Parabolic stop, and reverse. etc.
#966 - August 16, 2021, 11:11:07 PM

  • Newbie
  • Posts: 15
  • Points: 515
  • Likes Received: 0
  • Reputation: +0/-0
so we need to understand when we follow trends and when counter trends, because many are stuck following the trend even though the trend is over.
#967 - August 17, 2021, 12:56:49 AM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
Actually it's good, follow trends and counter trends as long as they know how to take the right opportunity I think everything will be mutually beneficial, because all of course has its own way of overcoming such events. And of course we cannot travel as a counter better and more follow well, but baagimana our respective ways in feeling like that situation.

But if I personally prefer to follow the trend, because our trading will be able to be more relaxed and not warrior to a short period of time. And in this case we cannot take a follow-trend from a small timeframe Even monthsly if possible

#968 - August 19, 2021, 09:59:19 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Using a bigger timeframe will giving a wide picture of the trend market, this is good and better to looking for long term trend, yes in small timeframe will possible to often get noise, because a small timeframe represents volume trading on the time, and to follow trend also need to pay attention with support and resistance.
#969 - August 19, 2021, 09:58:43 PM

  • Jr. Member
  • Posts: 95
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
trading by following the trend when there is important news, I better wait for a valid trend
#970 - August 22, 2021, 01:35:45 AM

  • Hero Member
  • Posts: 561
  • Points: 2247
  • Likes Received: 126
  • Reputation: +0/-5
Trading by following the trend direction is indeed quite easy to do, and quite a small risk, so it is highly recommended
#971 - August 22, 2021, 11:03:59 AM

  • Hero Member
  • Posts: 530
  • Points: 17
  • Likes Received: 21
  • Reputation: +10/-4
if you are a beginner, you really should have to learn about what is called following directions because you have followed directions you will be able to get used to using indicators that use directions, so for beginners you should follow directions first
#972 - August 30, 2021, 02:35:17 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Trading by always following the direction of the trend will greatly make us comfortable, because the risk is smaller and the profit is bigger
#973 - August 30, 2021, 04:59:47 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Trading by following the trend direction in my opinion is more comfortable, because we know we follow most people doing
#974 - August 30, 2021, 09:46:30 AM

  • Hero Member
  • Posts: 612
  • Points: 127
  • Likes Received: 36
  • Reputation: +2/-0
as a beginner, especially we must follow the direction of the trend. Do not let us fight against the direction of the price because that way when you follow the direction you are analyzing, the success of very high accuracy will come to you.
#975 - August 30, 2021, 10:34:30 PM

Members:

0 Members and 2 Guests are viewing this topic.



Trade as a VIP with PrimeXBT