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Be Fashionable: Trade Trends

From dailyfx.com

There is a common trading expression “The trend is your friend.” Phrases such as this have stood the test of time because they are critically important to any trading plan. This article will show you how to identify trends using price charts and technical analysis. Before we get started, it is important to first explain why trend trading is a popular strategy used by many new and experienced traders. Experienced traders know when they find a strong trend and trade in the trend’s direction, it can make trading easy. Therefore, experienced traders seek out more strong trends to repeatedly take advantage of them. For ... (full story)

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