Forex Zone - Forex Forum

How to Define Trend?

Discussion started on General Forex Discussion

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
To define a trend, you must use skills such as using certain indicators or formulas to determine a trend.
#16 - September 17, 2020, 01:06:47 AM

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
We can identify trends in several ways, one of which is to use your indicator, namely the pivot point or it could be the resistance support indicator.
#17 - September 17, 2020, 03:29:12 PM

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
trend is a tool for traders to benefit so identifying trends is very necessary and traders can use various methods and indicators to identify trends.
#18 - September 22, 2020, 04:16:38 PM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
defining a trend and also using it for analysis will be very profitable because the trends we recognize will provide good profits.
#19 - December 31, 2020, 05:39:21 AM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
identifying a trend is the main and first analysis that traders often do and the trend is an important clue in future price predictions, so we must be serious in identifying a trend.
#20 - January 06, 2021, 05:14:43 PM

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
In finding a trend, a trader must have a certain basic analyst or skill, for example, what strategies will be used and what indicators will be used so that they can identify the trend properly.
#21 - January 07, 2021, 01:26:17 AM

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
In determining a trend we must have a benchmark in the form of resistance and support and a time frame and technical indicators to read the trend.
#22 - January 07, 2021, 05:17:40 AM

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Various ways for a prediction from fundamental and technical, analysis methods that continue to develop to predict a trend.
What in my opinion is the simplest for trend analysis with Trendline is a simple trading tool to help identify potential profits from forex trading.
#23 - January 17, 2021, 05:27:23 PM

  • Hero Member
  • Posts: 2218
  • Points: 7981
  • Likes Received: 140
  • Reputation: +6/-1
Usually, to define the trend, many traders might have a different way, using moving average also as a way to identify the trend, if price above the line its mean uptrend and likewise id below the line is a downtrend, but there is no precisely tool to define the future trend, its only about possibility not certainty
#24 - January 17, 2021, 08:32:52 PM

  • Hero Member
  • Posts: 524
  • Points: 0
  • Likes Received: 65
  • Reputation: +2/-0
The easiest or most difficult indicator can determine the trend.
technically with a moving average indicator it is also good to know from the beginning of the formation of a trend and changing a trend.
#25 - January 17, 2021, 10:03:22 PM
Attachments:

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
trends are the main tool or weapon that is good for trading but these weapons can also hurt traders if they are not done well
#26 - January 21, 2021, 08:09:50 AM

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
in identifying a trend, traders can use several strategies in which there are trend indicators such as fibo, pivot and so on or simply use a trend line.
#27 - January 21, 2021, 04:33:28 PM

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
trend is indeed an important component in analysis in the forex market, to determine and identify trends can be done in many ways including one of them is by using indicators.
#28 - January 27, 2021, 06:22:05 PM

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Determining trends with a system that we are good at, no need to use too complicated analysis to determine trends, if we only understand simple indicators such as MA, that is enough to determine trends.
#29 - January 28, 2021, 09:45:50 AM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
trend is an important tool or indicator that traders use to create analysis scenarios, without a trend we will just gamble.
#30 - January 28, 2021, 02:41:30 PM

Members:

0 Members and 2 Guests are viewing this topic.