Is the trend really your friend ?

[iMusingKiMi]

I prefer to make use of the M5 and the M15 time frames frequently in my trading as i am getting better trading results with using them

It is double edge sword if using lower time frame. The good thing is you can spot the trend in very early, but in the other hand, it provides plenty of false signal.

 

[EURUSD]

It is double edge sword if using lower time frame. The good thing is you can spot the trend in very early, but in the other hand, it provides plenty of false signal.

Maybe biut still okey if we trade for short term plan tading using small timeframe, if trade as intraday trader hence will hard if use low imeframe at least hourly timeframe is enough for swing trader

 

[carnelian]

Why not, trend is indeed your friend, as a forex trading, no matter what is your trading method you have to trade with the trend. Counter trend trades can bring you huge losses.

 

[EuroTrader]

Why not, trend is indeed your friend, as a forex trading, no matter what is your trading method you have to trade with the trend. Counter trend trades can bring you huge losses.

In our trades if we are aware of how the trends are working then it will let us do our trading with ease and our income will grow

 

[mlawson71]

Why not, trend is indeed your friend, as a forex trading, no matter what is your trading method you have to trade with the trend. Counter trend trades can bring you huge losses.

That's the most prudent way to trade, really. Why take unnecessary risks when you can just wait for a bit for the trend to continue, even if it's consolidating at the moment?

 

[EURUSD]

That's the most prudent way to trade, really. Why take unnecessary risks when you can just wait for a bit for the trend to continue, even if it's consolidating at the moment?

Waiting actualy beter than rush, but maybe still many trader rush in decision making and they can't waiting and want to making profit instantly.

But if we can avoid unnecessary risk, maybe will get better result in our trades.

 

[EuroTrader]

Waiting actualy beter than rush, but maybe still many trader rush in decision making and they can't waiting and want to making profit instantly.

But if we can avoid unnecessary risk, maybe will get better result in our trades.

Every trader must be able to do his trading and aim for getting some profits from his trades. If he is trading with a good plan then profits will become easy for him

 

[Whitesnake]

"Trend is your friend until it end", this saying for all the forex traders holds very good and we need to develop the skills to spot the trend and be along the direction of the market to make money.

 

[EURUSD]

"Trend is your friend until it end", this saying for all the forex traders holds very good and we need to develop the skills to spot the trend and be along the direction of the market to make money.

Yes we need to always update analysis everytime and trade follow trend, the trend will become friend if any trader already understand when time the trend will start and when time the trend will over, if we have skill hence might will can determine best timing to enter and exit

 

[Whitesnake]

Most of the time in the forex market the right and entry matters as much as the money management involved in each and every trade. Thus, one should always ensure that they trade along the trend also with good risk management.