What is a trend?

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Victor Ziborov
2807
Victor Ziborov  
I wonder how many traders who know what a trend is, have the skills to profitably trade?
soubra2003
31846
soubra2003  
Chart Basics (Trends)
Chart Basics (Trends)
  • www.investopedia.com
When a collection of data points are plotted on a chart, you may start seeing the general direction in which a currency paid is headed towards. In some cases, the trend is easily identified. For example, the chart clearly shows that the currency pair is rising over time: Therefore, more commonly, trends tend to operate in a series of...
Attila Alp Oğuz
191
Attila Alp Oğuz  

Trend is my friend in whom I believe :)

soubra2003
31846
soubra2003  

Usually, who is smart enough in basic analysis (economic calendar) can expect the future trends/directions.


soubra2003
31846
soubra2003  

In Addition,

Higher Lows & Lower Highs are telling the trend direction


Victor Ziborov
2807
Victor Ziborov  
Thank you, Mr Mohammad, now I will read these links. I hope that this reading will help me to learn how to make money on a trend.
soubra2003
31846
soubra2003  
Note that you can get better view about trend in higher time frames like daily and/or weekly.
Not 1m or 5m
Victor Ziborov
2807
Victor Ziborov  
Mohammad Soubra:
Note that you can get better view about trend in higher time frames like daily and/or weekly.
Not 1m or 5m

Dear traders, please tell me, do you know how to recognize the trend reversal? How to distinguish the trend from reversal (from correction)? How do you practically do this?

Marco vd Heijden
Moderator
8176
Marco vd Heijden  

When it makes a new low or a new high.

Also called a breakout.

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