daily fx trading volume,
participants in forex market,
major participants in indian forex market,
foreign exchange market turnover,
foreign exchange turnover,
global foreign exchange market,
developments of foreign exchange market
daily fx trading volume
daily fx trading volume,
participants in forex market,
major participants in indian forex market,
foreign exchange market turnover,
foreign exchange turnover,
global foreign exchange market,
developments of foreign exchange market
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Let me explain the basic principle how most Forex systems work. They are tuned up
ReplyDeleteto work in a specific market condition. They often make money in a trending
market, but loose money in a choppy market. It is not a problem as long as the
market is trending and the system is making more money than it loses. Such a
system can be profitable for several months and you would be happy with it.
BUT...
PREPARE FOR THE WORST...
Market change over time. A well designed system starts with trend analysis to
stay away from potentially losing trades. There are two problems of how a Forex
system recognizes the trend.
PROBLEM: FALSE "STRONG TREND" INDICATION.
The system responds only to immediate price action. An explosive price movement
that is usually the result of news release is tempting people to jump in and make
a profit. It looks like a "strong trend", but what usually happens next is a hard
fall.
To avoid falling into this trap, check for the SOLUTION to find a REAL trend:
==> http://www.forextrendy.com?nsjjd92834
SECOND PROBLEM: TREND RELIABILITY
Most systems use various indicators to determine the trend. Actually, there is
nothing bad about using indicators. One Simply Moving Average can do the job. The
problem comes with the question: "Is the market trending NOW?" Whether the market
is trending or not trending is not like black and white. The correct question is:
"How well the market is trending?"
And here we have something called TREND RELIABILITY.
Trends exist and they can be traded up and down for a profit. You have to focus
only on the most reliable market trends. "Forex Trendy" is a software solution to
find the BEST trending currency pairs, time frames and compute the trend
reliability for each Forex chart:
==> http://www.forextrendy.com?nsjjd92834
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