Topic Automatic Forex Trading Systems - Is It Possible To Make 100% A Month With Forex Expert Advisors?
To follow our friend in a market, namely trend, we can consider implementing 1k Daily Profits Review trend trading strategies. Many traders said that trend trading is a safe way to trade in money market such as stock market and foreign exchange market. Trend trading is also known as trend-following strategy, it is a reason why traders use trend-following indicators which available on their technical analysis charting equipment.
One tool, which is not a technical indicator, that used widely by most of technical analysts and traders around the world is trend line. In my experience when performing trend trading, although trend line is simple, it can give powerful readings to predict continuation and reversal potential of certain trend in a market.
Trend line is simple to construct but it does not mean you can draw it just by connecting any price levels on your chart. Here is a guideline how to properly drawing a trend line.