EUR/CHF for past 12 months

This is a good example why you should go with the trend.

EUR/CHF on Daily Chart for past 12 months. ema 5 close and ema 12 close as line indicators.

This reminds me of a NFL Football Game. It is good to have close up 50 yard seating. I also like to view the game in the nose bleed seating area too!

It's not really debatable that one should go with the trend, but how one determines when one trend ends and a new one begins is where the challenge is.

This really depends on the temperament of the trader. Some people are aggressive bunch and enter as soon as a reversal signs are shown. Some wait until a predetermined levels are broken and tested.

Exactly hilmy. It's easy to call the trend when you're sitting in the nosebleed section.

But the VIP seats come with a price -- i.e. never knowing when the trend is ending. WHTenn, when that major swing happened, would you have stuck with it?

You know and I know that 99.99999% of traders would've bailed out and took profit. And I would've been part of that 99%!

This one can be two fold.

It can also show a good example why you always want to use a stop a not use the I'll wait for it to come back down method. In the event you might have taken a short at some point.