trend is our friend means to play it safe in trading we have to trade in the ongoing trend while uptrend we are looking for entry to buy positions and when in a downtrend we are looking for the best entry position to sell
That is not entirely true, because as we know that there are two types of traders, namely follow trends and trend counters. If he is a follow trend then Trend is a friend, but if he is a counter trend then the trend is the enemy.
good morning .... with us already able to master the market conditions, then for trading this week the results will be better. Only when we already know our trading system, we are always in the right trade to buy or sell.
It's true that a trend is our friend, but it must be noted that many traders are wrong in reading the trend. So it must be learned in detail how to find out about the current trend. If you already know how to read trends, there is no problem in determining the entry following the direction.
yes it's true bro, one of the keys to determining the entry we have to learn a lot when we have to follow the trend when we have to fight the trend so that we don't misstep in the future.
my weakness on trading trend is that i camt enter or ride the trend on the best posisition;D, i was entry on the corecction and averaging it, and it was not good at all i had 2 weeks float without profit haha
meaning you have to be even more active to learn if you want to succeed in trading forex, so you can know when the right time to follow or fight the trend. hehe
That's right, MAKE A TREND AS A FRIEND, and if you go against the trend, then you are fighting your own advantage, so the choice is in your own hands, whether you want to follow the path or fight.
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