Forex currency trading forum.

We welcome you to the Forex forum, a networking community where you can discuss anything related to Forex. Whether you need information of Forex Brokers, Forex Software, Forex robots or other Currency Exchange services, we hope to help you make more pips!

Send money worldwide for € 0.50

Sponsored links

Latest topics

» How to make day-trading easy
Today at 1:43 am by Anament

» Trading Platform
Yesterday at 5:35 pm by Eric Weller

» Reliable brokers
Yesterday at 2:22 pm by Faf Plesis

» What is the essential part to the traders?
Tue Apr 24, 2018 3:01 pm by Faf Plesis

» 5 ways to be more profitable in forex
Tue Apr 24, 2018 11:13 am by Anament

» It is our resposbility to select good brokers
Tue Apr 24, 2018 7:16 am by Eric Weller

» Necessity of skill development
Mon Apr 23, 2018 2:06 pm by Faf Plesis

» Why maximum of the traders are failure?
Mon Apr 23, 2018 5:14 am by Faf Plesis

» What learning provides us?
Mon Apr 23, 2018 2:17 am by Anament

Forex Search engine

Custom Search

Who is online?

In total there is 1 user online :: 0 Registered, 0 Hidden and 1 Guest


[ View the whole list ]

Most users ever online was 74 on Wed Nov 23, 2016 10:47 pm

    Why Forex trends are imporant?


    Faf Plesis

    Posts : 260
    Join date : 2017-03-19

    Why Forex trends are imporant?

    Post  Faf Plesis on Thu Feb 22, 2018 2:52 am

    Forex market moves from trend to trend and which trend market is following can be caught by technical analysis and that’s why technical analysis gets the most priorit here. Since the forex is a 24-hour market, there tends to be a large amount of data that can be used to gauge future price activity, thereby increasing the statistical significance of the forecast. This makes it the perfect market for traders that use technical tools, such as trends, charts and indicators. As a trend based trader with Trade12 I have more than 250 technical tools and user friendly environment and superior fast execution.

    Eric Weller

    Posts : 230
    Join date : 2017-05-02

    Re: Why Forex trends are imporant?

    Post  Eric Weller on Mon Feb 26, 2018 1:02 pm

    It is said that go with trends. And for the new forex traders it is an advantage for trading as per the trends since at the initial level they are always in confusion that how they will trade successfully. And following the trends prevailing in the market can help novice as well as retail small scale traders since they can’t change the market position by their decisions. Thereby my broker AAFX is always providing me free trend analysis so that a retail trader like me can take effective decisions by following the trends.

      Current date/time is Thu Apr 26, 2018 1:55 am