Trading, Know when to spot the trend.

THE TREND IS YOUR FRIEND

NEVER A TRUER WORD SAID WHEN TRADING BE IT BINARY OPTIONS OF FOREX

The Trend:-
This is probably one of the most fundamental basic strategies out there. If you have been looking at trading be it forex or whatever you will have read about "following the trend" on many websites and books. The reason why is because this strategy works it can be traded on any time frame, any currency pair, long-term, medium-term, even scalping. 

Traders who use this strategy simply jump on the trend when they have perceived that a trend has established and ride it. If there is a turn contrary to the trend, they exit and wait until the turn establishes itself as a trend in the opposite direction. In other words they jump on a trend and then exit the trend when market turn against them to minimise losses and maximise profit.

No it's not, just not understood.

Here is my take on this highly popular strategy.

Now as simple as it sounds you do need to understand a few things:-
1. What a trend is and how to spot one.
2. How to determine the trend direction.
4. When to get in.
3. How to exit the trade 

So in a nut shell that is basically it, I make it sounds easy don't I?  So the big question is "if it is that easy then why do people loose?"  

Well lets take a look at a few things. First of all though we will ignore the individual as every ones perception is an individual perception of the same thing and differ.

So what is a trend?

We have three different trends as seen above

Lets get started. If you are quite new to trading I would suggest you learn how to evaluate the trend using a top down method ie. using the Daily, four hourly one hourly, 30 minutes and 15 minutes (D1, H4, H1, M30 and M15 ). Using the top down method is by far the best way of spotting the overall trend.  

Now that all sounds fine and dandy however there are a few other things to remember like what length of trade are you looking at? is it short (5 minutes to a couple of hours) or is it long, also the news forecast always expect the unexpected.

You can forget about all those hundreds of indicators that people go on about. Trend following is not based on the Fibonacci etc. 
Trend following uses a straightforward and reactive method. Remember there are so many different types of trades but we are looking at the short term trends and as such we only use two indicators.

However having said that don’t fixate on the technical indicators used in any trend following system. they are important, but not the key, it’s a tool that's all, you need the human element and that is you. There is no Indicator that is going to give you a 100% win rate as I said they are a tool from your box not the kit.

So you spot a trend, get in on a trade, good for you but when do you exit? Well with that I can't help you, that would be down to the individual and how they perceive the trend? Will it correct it's self? Could it be just be a reaction to the thrust? Or is the reaction going to continue and become a thrust?

Only Time, Practise and Learning on your part will determine the action you take and there is no better way to gain your experience than from a company that is renowned for it's teaching of ever thing trading from Money management to reading the charts without all the bull shit.

Take a look at their FREE training package learn how to accept a loss as part of the trading world, because as sure as egg's are eggs everyone will loose a trade but it's knowing what NOT to do when you do? Gain a real in site into the myths of trading and speak to real traders in their chat room live, Skype or phone and get answers to your questions or queries?

Also take a look at Binary Options training and Signals, which is probably best for people who want to dip their toe in the water.

We are a complete Training and Signals Company that prides itself on our ease of instruction and accuracy of our signals. We cater for the novice and the professional. We allow our prospective customers to join us for free and use our training program to see if trading is for them. We want to make sure that they are happy with trading following our easy to use system before they part with any money.

You see we are NOT Account Managers and we do not trade for others. 

We believe that the best way forward is for people to trade themselves to learn and grow and join the Thousands of Traders who are now enjoying an affordable life through using our system.

You can take a look, join and use our system at the free sign up page HERE

Paul Davey (Senior 2 Trader) 

Our customers are important to us. We listen to our customers, we care for their future. We provide training, signals and support nearly 24 hours a trading day. We believe with the right training and help and if you have the mind set to trade. The Dex Family of Traders surpasses all others. Our past dictates our future and our future is assured. Contact us on site via our customer support, email or even Skype or land line. We are there for you.

FOREX FOR BEGINNERS and THOSE WANTING INFORMATION?

Let me show you a couple of must read books and then a company that takes the complicated and makes Forex easy

There are quite literally thousands of books on how to trade Forex each has it's own unique way of trying to explain the in's and outs and pitfalls all make good reading. However if you really want advice then it's probably better to ask someone with the knowledge who via Skype, phone or email can answer your questions upfront rather than trying to search for your answer in a book?

I am referring to a well known company that has for years handed out advice training and signals not only for Forex but binary pairs as well. Today though I am only concerned about Forex as many new traders get confused between the different trading platforms.

Now some of the book's above are from Amazon Prime which means you can purchase them at a discount which makes sense seeing as we are all here to make money not waste it. Now if you don't have an Amazon prime account you can join for free for 30 days and still get your discount. You are under no obligation to continue after the 30 days are up which makes sense.

I will put a link at the bottom of this blog for those that want to take a look.

In the meantime if you wish to see a company that is undoubtedly one of the best Forex training and signal companies on the Internet just click on the link below.

SIMPLY FOREX HERE

The choice is yours but remember trading Forex is a serious game and should only be traded after being taught and remember always learn in DEMO.

Our customers are important to us. We listen to our customers, we care for their future. We provide training, signals and support nearly 24 hours a trading day. We believe with the right training and help and if you have the mind set to trade. The Dex Family of Traders surpasses all others. Our past dictates our future and our future is assured. Contact us on site via our customer support, email or even Skype or land line. We are there for you.

Paul Davey (Senior 2 Trader) 

As promised here is the link for Amazon Prime well worth looking at for savings and remember you can sign up for 30 days for free and get all the benefit's.

ENTIRELY TRANSPARENT, ENTIRELY REPUTABLE

When looking for a Company for Forex Training, Trading and Signals what do you look for?

For a start you will want to know if they are legitimate and not some new rip off company. If they are honest, transparent and contactable and with a global reputation for openness. 

Maybe a company that has been years in the making and stayed successful through all the turbulent times and happenings across the globe. One that has stayed focused on their goal of helping others to find their own idea of success.

OK you get the idea and now I am going to blow my own trumpet here because I know of such an unlikely company.

I say UNLIKELY because I have NOT found another that goes out of it's way to help others and not for financial gain.

However, yes there is a price and you may ask why? 

Why indeed? Let's look at the facts.  This company wants you to succeed, they want you to learn they want you to take trading seriously and they want you to be successful. 
That is their goal.

Trading is not for those who only want to just try. 
lets put it another way if they gave you all the training and signals for free? There would be people who see it as a get rich quick type of program and loose money then blame the company calling it a scam.

Now on the other hand when you pay for training and the signals you will be parting with your hard earned money and will therefore take the whole learning concept seriously. Also remember that they too have overheads with thousands of man hours, data, programs and upkeep.

There are many that have been taught and once the knowledge has been gained they leave and continue to trade successfully on their own. This is what the company wants, they want you to gain the knowledge so you can trade in the comfort of your home on your own. 

Take a look for yourself and see why this company has such a great reputation and are globaly successful. 

The other reason could be because they are

  

ENTIRELY TRANSPARENT and ENTIRELY REPUTABLE

SIMPLY FOREX HERE

Our customers are important to us. We listen to our customers, we care for their future. We provide training, signals and support nearly 24 hours a trading day. We believe with the right training and help and if you have the mind set to trade. The Dex Family of Traders surpasses all others. Our past dictates our future and our future is assured. Contact us on site via our customer support, email or even Skype or land line. We are there for you.

Paul Davey (Senior 2 Trader)