Do you ride the trend?

[Loots Bosman]

What do you ride the trend? I believe the best way to do trading is by riding the trend, it brings the risk level pretty much down and more importantly, it is something that allows us to be comfortable. I found the best way to locate trend is by help of my broker Nova FX, as they got awesome daily market news and analysis service, it is easy and straight forward yet highly effective as well, so that’s why it is so cool.

[Tanzil Al Banna]

Always! I always try to here just following the market trend. Because I believe, trend is my best friend. So, I’m not interested to go for reversal condition of market. Whatever, fixed trading spread is available for me at any condition of market by TradingBanks broker. So, am getting here best profit by doing live trading.

[orni308]

Following a trend is one of the most common strategies that people follow, and its good too as it is considered one of the safest strategies.

[JohnDyson]

Obviously, I don’t think we have other options for this, if we go against the trend than losing is very much given, but if we go with the trend then we are most likely to come up victorious. It will be extremely bad to go against the trend especially in early part, as it can go fairly long way and can create massive trouble. I work with OctaFX broker and they are best source for me to stick with the trend given their daily expert news and analysis service, it’s fairly easy to follow, but quite effective and that’s too without having to payout anything for charges, so we can use it without having any extra burden on our shoulders.

[Tanzil Al Banna]

We should ride into a trend on it’s early stage. Because, we late then we may face reversal pattern of market. As a result, you may lose our trades. By the way, it’s not easy to know exact condition of market either it’s trendy or reversal.

But, daily market news of TradingBanks is the main power house for me to identify market condition. I get here both type of market analysis without any cost. So, I can trade alike a professional trader.

[John Hampshire]

Yeah of course following the trend is the genuine way to work because this minimize the risk and give us better chance at making profits. It is not easy to track the trend because there are many fake ones occurring, but of course, we are required to work hard to find it. I work with TradeWiseFx Company and they have great news section that updates me with latest happening, so that helps me trade easily.

[binaryowner]

"Trend is your friend" - one famous person said. I also adhere to this opinion and try to open positions at Hotforex only when I see clear trend, driven be some fundamental events..

[Tanzil Al Banna]

I see, there have two type of condition of Forex market trendy and reversal. In addition, as a professional Forex trader I can’t trade in reversal condition of market. As, it’s really hard to identify ending point of reversal session. On the other hand, trading according to the market trend is much secure. That’s way, I use live market analysis of TradingBanks broker, where I get proper idea of trading.

[Joshim Rahman]

No way! Even though I see in average we traders get only 60% trendy condition of market. But, according to our capital security we have to avoid ranging condition of it. In this case, live market analysis of MTI Markets trading broker is my power to identify market condition. I get here technical as well as professional news trading analysis.

[usok]

i was about to say the same thing, the trend is your frind.. even on the 5m hart or 15m chart, there are glimps of good trends that allow a window for a quick buck.