Trend trading strategies your best friend in forex?

[pepy]

Sure, just when they are with us but could be something unknown to us because we are trying to predict it by using indicator such as news or any other technical indicators. At the moment i think it as neutral thing not something like friend, it's something that we should find and follow but not as friend.

[aliforex]

“The trend is your friend” is one of the best known sayings, although it’s message is incomplete. The full version should be, “The trend is your friend, until the end when it bends.” The trick with buying stock is to to be patient through the small changes in price until you can identify the point when the trend makes a change in direction or “bends.”

[pepy]

As long as that trend is clear i think it could be a friend. I agree with aliforex, until the end when it bends your trend is not your friend anymore, but if your open position not in the same position like your trend (rising trend = BUY, falling trend = SELL) you won't see it as friend and against it.

[myregister]

It is true isn't it? Trend is what we are looking for, trying to analyze the market and see if that makes some trend and predict the price movement. How to find it is the next problem but for me, as long as you able to locate more trends you will be in profit only.

[pepy]

As we already know before trend is a close friend of traders, but there is a certain time that trend will fool us all since trend usually created by huge amount of money that spend by big institution or big players in foreign exchange market, but it won't last long  because as fundamental shows good sign it would be follow the real trend sooner or later.

[Gee Dee]

Nowadays, most forex trading transactions are executed on the web. Trading technology is getting increasingly progressed and traders can start exchanges inside milliseconds through their preferred trading platform. The exchange of currencies happens for all intents and purposes through these unique trading platforms. One of the most broadly utilized retail trading platforms is called MetaTrader 4. After you have picked the broker you need to manage, you should discover the page on their webpage which connects to the Meta Trader 4 download interface. At the point when you click on this connection your working framework will ask you for authorization to download a record. This is the MetaTrader 4 record and it typically has the logo of your broker as a symbol.

[Gidencenti]

In general, in fact, everyone works like this, few people use something that is not popular, because such options are too dubious

[Vaabum]

I would call a trader's best friend his experience and knowledge. These aspects clearly play a more important role.