Reversal Indicator is presenting you with excellent entry. The high degree of leverage can work trennd you as well as for you. Peter, I thank God for you every day. My conclusion is that either the old platform had some how been corrupted by all the updates or the very presence of earlier indicators and EAs in the folders was some how impacting on the performance of the platform or possibly it could be a combination of the two situations. And anyone who really wants to take forex trading serious needs your trehd which I think are priceless and generous of you to give.
In fact, if you email me asking about trends…I will probably refer you to this article! Many traders spend countless hours and dollars on trend-following trading systems or on indicators that just end up confusing them and making the process of trend discovery a lot more difficult than it needs to be. I have always been a strong proponent of visual observation of the raw price action of a market, as you probably know.
However, just randomly jumping in with a trending market is not an edge or a strategy. As a market moves higher or lower, its previous turning points, or swing points as I like to call them, become reference points that we can use to help us determine the trend of a market. The most basic way to identify a trend is to check and see if a market is making a pattern of higher highs and higher lows for an uptrend, or lower highs counter trend forex system lower lows for a downtrend.
If you do not see a pattern of HH HL or LH LL, but instead you see sideways price movement with no obvious general up or down direction market profile nel forex it, then you are probably looking at a range-bound market or one that is simply chopping back and forth. Most traders make trend discovery WAY too difficult. Trending markets tend to make strong moves in the direction of the trend followed by periods of consolidation or a counter-trend retrace before the next leg forex untung terus the direction of the trend.
You will notice this pattern happens in almost any trend you can find. Typically, what happens to many traders is that they will make some money during the periods of strong directional trend movement, but then they continue to trade as the market takes a breather from the trend and consolidates. In the diagram above, we can see that a trending market tends to move in spurts, moving in the direction of the trend and then stalling to take a breath before another leg in the direction of the trend.
Now, these retraces are when we have the highest potential for a high probability entry within the trend. Often, a market will retrace to approximately the level of its previous swing point before the trend resumes. In an uptrend these swing points are support and in downtrends they are resistance. These support levels resulted after the market began to retrace lower within the structure of the broader uptrend.
As we discussed previously, a trending market will tend to surge in one direction and then slow down and either consolidate in a sideways manner or retrace lower or higher, depending on what direction the dominant trend is. My primary mission as a price action trader is to watch for obvious price action setups that form after a market retraces back to a confluent level in the market. This can be a swing point like we discussed above, a moving average level, or some other support or resistance level.
By value, I mean from an optimum point in the market that has proved significant before. I use them as a general guide and a helper to find confluent points in a market. Then, if we see a price action signal there, we know we are seeing a setup form in a very high-probability area on the chart. We only use them as a helper to see dynamic support and resistance levels to add confluence and for trend direction.
Instead, we want to enter closer to key market levels, swing points, EMA levels confluent levels in the market…always with confirmation from a price action signal. One aspect of trend trading that I want to touch on briefly is that trends in Forex tend to differ from those in other markets, especially equities. In Forex, bearish and bullish trends are typically equally as violent and potent…whereas in equity markets we tend to see slower moving price action in a bull market, along with lower volatility.
Down-trending markets tend to be fast and volatile in equity markets. Forex trends tend to be the same in their volatility and price action whether the trend is up or down. Thus, in Forex, your trading strategy and plan will generally counter trend forex system the same for both up and down markets. Take advantage of trends when they happen — There is never anything concrete with trends…meaning you never know how long they counter trend forex system last for, so try to take advantage of them when they do occur.
The trick is to learn how to identify a trending market so that you can get the most out of it and get on board as early as possible. Trend following is a large part of my Price Action Forex Trading Course and of my general trading strategy. Nail, I have learned something from this lesson and am willing to start with visual power to look out for trends very well before any trade ambition.
You have a brilliant and unique way of teaching forex trading which makes you stand out from the crowd. And anyone who really wants to take forex trading serious needs your lessons which I think are priceless and generous of you to give. Thanks and God bless you. Thanks for the trading formula. It will be helpful and effective. Straight to the point to keep focused on choosing quality trade set ups.
To me your teachings has being remarkable so far. Nial indeed I can really confirm you are truly a prof in the world of forex and if I really succeed in it,its in fact directly as a result of your lack of greed in disclosing to the world the best way to make it in forex. Ones more thank you so much. Perhaps I will let you know my progress when the time comes. I m still reading thru n trying to implement these into my demo account. I hpe to get it right soon. Nial you are the Main Man!
Thanks you for this emailit is very fruitful to me, call it mental Armour! Thanks you Nial God bless you over and over! You are an indeed good mentor I have ever seen that expose the Golden mystery counter trend forex system forex trading. A million thanks to you sir. Excellent article, thanks Niall. I have been following your site for the last few months.
Eager to enrol on your course when my live account is set up Nial. Now that we know how to identify a trend lets put our knowledge into practice. The challenge is that trends not as common as we would want them to occur! Lets also add patience to the mix and sharpen the Sniper mentality. What I like to do is look at the Forex market in real time and see the raw trend.
And i would like to be professional and inspirational as you are or even better if i may politikarunet.ru JOB Thank you to sharing this article. I follow your site every day that help me for trading in the politikarunet.ru i am a perfect trader of price action. All of your articles carefully study week and put into practice. I counter trend forex system in a positive result.
Your article is fundamentally changed my attitude to the trade. My heart was calm and quiet confidence in the results. I am brazilian, so, my english not is very expansive. I love that politikarunet.ru Nial for this Great Article. May the Lord God of my fathers continue to bless you in Jesus Name What an amazing article. Thanks Nial, you are the best… As I practice in my trading, I will not trade until I confident with the price direction trend.
All the best, mate I am currently trading only pin bars in trending markets and this article has given me insight into my way of trading. Thank You : Nial: You continue to build a great resource library that is growing in knowledge and if used appropriately will turn to gold! Thanks very much Nial, I think without your web I would be stucked on nearly the same place where I was before I found it about half year ago.
Thanks Nial, great article. I love this way of trading with the inside bar strategy. But patience is the key here. Thanks loved this article heaps. NOW I know why all my profits are gone before I can even start bragging about making them! Thank you once again. As you said, many times I have given back my profits in the retracement period. Great article as usual. After a year of hard work and many hours of learning I can say with confidence, that You are probably the best teacher that one can find on the internet, price action is the best way to trade, and indicators create only confusion in market analysis.
Take care and best of luck to You. Your article is really amazing. At this position whether we have to wait for the confiirmation of the uptrend continuation or we have to decide tat the trend ends up and the downtrend started? Above this formula: Counter trend forex system up to be patient enough to sit tight and wait for this triple combination. Thanks nial What an excellent information for us to clarify and make our mind clearly while we are trading.
Many thanks Nial, you have a articulate way of explaining your approach to trading. This transfers into my enthusiasm for your next posting. I look forward to your next lesson. Best regards Rayh Another great lesson Nial. Can you use the same techniques described in this lesson to scalp trades on shorter time frames eg. Bill Thanks my inbox is so full of e mails but for some counter trend forex system yours is not deleted I read it all with intrest thank you.
Estou aprendendo muito com os seus artigos. Gostaria de fazer o seu curso. I guess this really is one of the harder things to learn, when is it a good time to trade? Is it a trend, or is it choppy? We can see how the different setups looks like, IB, Pinbar and Fakey, but where is it ok to use them? Nial, thank you for this excellent article. Each and every article you post here is better than the previous ones, which are, without exception, also very useful.
I learned so much with the above lesson. This very article can change some bodies life forever… Nial, more grease to your elbow. Nial: this lesson is the best one I have seen on the subject of trend put into a shot concise perspective, thank you for your excellent lessons. Nial,you are a great teacher…Thanks for sharing your knowledge, experience and observations here with us…. A couple of days ago I was watching an old interview of you and the lite bub came on in my head it was one of those moments where everything came full circle….
I so get it now……. I Thank you a BILLION TIMES you have changed my life forever!!!! Thanks a lot Mr. This is a free lesson very valuable at all time to me and may be other forex traders. The support and resistance you have been talking about have shown its perfect us in this lesson. Cheers Niallanother excellent articlevery well researchedexplained and written. Thanx for all your efforts once again. Kindest Regards Your email address will not be published. Notify me of follow-up comments by email.
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Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. How To Trade Trends In Forex — A Complete Guide. The first step: Learn to identify a trend with nothing but raw price action. Characteristics of trending markets. Note: These same principles apply in a down trending market but we would be looking for price action setups from resistance rather than support.
Trading from value in trends. In the equity markets, traders typically need to adjust their strategies or systems counter trend forex system a market moves from bull to bear or vice versa. Final notes on trading with trends:. Finally, I leave you with this little formula:. Good trading, Nial Fuller. Now I want to hear from you! R B Dube says:. Mohammad Aminul Islam says:.
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What Crocodiles Can Teach You About Trading. Why Serious Traders Use 'New York Close' Charts. Why Trading The Daily Counter trend forex system Will Improve Your Trading Results. Trade Forex Like a Sniper…Not a Machine Gunner. Video Live Trade Setup - Pin Bar Signal on GBPUSD. How To Trade Like The 'Market Wizards'.
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Simple Counter-Trend Day Trading Strategy - Gold Futures
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Submit by Jeriko Trend arrows with QQE is a trend -momentum template MT4. Trend arrows is long-term trending indicator.
All About Trend Trading - We’ve all heard the saying “The trend is your friend”, and while it sounds nice it doesn’t really teach us anything about trading a.