There is a saying in the forex world,
"The trend is your friend". It reveals
recognize the importance of the trend
currency movements. All traders who
experienced know well that
profitable transactions
in forex transactions
which follow the trend. That is why
fundamental analysis, although only
to result in trend and
market sentiment, it is very important and
be the key to success.
There is a transaction strategy
is against the trend, but the transaction
has had such a big risk
and never suggested to
novice traders.
Trend currency movements can berbedabeda
for different lengths of time.
It could be a trend of daily movements
different from the trend occurs weekly
or long-term trend. for example
weekly trend shows bearish
(down) but the daily trend instead
bullish (up).
If this happens usually the trend in
Shorter-term trend rather than
true but it is a correction
of long-term trends and can
reversed at any time. conversely
if the daily trend line with the trend
weekly, usually this kind of trend
strong enough and safe to follow.
Selasa, 06 Desember 2011
Trend
