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Forex question Establishing the trend
avatar Reyniel
Question by: Reyniel - 28 Sep 2015, 23:40:32
Establishing the trend
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avatar user 7622
Answer by: Lexie - 02 Oct 2015, 00:58:04

One of the major difficulties in trading trends is that by the time the trend has been established it is often too late to enter a trade. Whilst trends are simple and appear obvious looking retrospectively at forex charts, they can be difficult to enter early and also very difficult to exit in real-time trading situations. Becoming involved early in a forex trend relies on entering with a signal that the market is either going to continue in its current trend or reverse to form a new trend. There are multiple ways to try to do this with the aim of making the most out of the large, profitable trends and also some key problems which are often experienced trading the trend.

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