There are several ways to make profit in forex market. One of the simplest is undoubtedly the one to follow trends in Forex. This method is also one of the most common. Very simple, this method is used when we are faced with a trend of the market and there we go.
If you look at forex charts is much easier to see trends in hindsight, but the key is to identify trends before they happen, or at least before they are completed, so as to profit from this.
Take a chart Forex, stampiamolo paper and a pen with their request a line on the graph above the lowest point of the shadows of the candles, then when the trend is upward. By doing so we can see the trend and the slope of the trend itself. The adverse party of this operation is to draw a line above the highest points of the shadows of the candles in order to see a downward trend.
Keep in mind that sometimes we can also have side trends. In this case we're going to draw the line is horizontal. When we are in a sideways trend, it's always good to look carefully at break of it, which usually marks the beginning of a strong trend, up or down.
After tracing the lines of the trend is left to do is study the chart and see how we can move. You can learn a lot just by doing this.
Moreover, any decision in the end we decide to take, is always very important to control emotions, especially to resist the temptation to enter the market too soon. Furthermore, one must be careful not to delude himself, may easily be masked a bit 'the chart and draw lines where there are trendy
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