Your best way to follow longer term trend? Opinions!

Hey guys, AU/US change of trend tommorow?





Could someone kindly explain what these options mean to me and how we can use the info to our advantage?

Try this:

http://education.forexlive.com/!/how...ation-20131008

Im quite busy for a while but if you still have questions then continue to post them.


By the way, im still bearish AU personally (till between 0.69 - 0.71 then im neutral). My first attempt at a cheap entry failed but my second attempt is still hanging in there - See how it goes and whatever happens.... happens.

Thank you Taz

Hey all,,

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This thread is gold, it got me to understand fundamentals. Basically I see fundamentals in my head now like an oscilattor:



Catch macro+micro flowing in the same direction and youre in the money.

the best way to trade long term is to look at monthly chart and spot a setup.there's nothing sweeter than a setup on the monthly chart.it lessens your trading work allot.

There is no such thing as "best way" but there are different ways.
First of all is to follow the daily, weekly and even monthly charts. It is important to spot the trend or to spot the new trend. Usualy a trend starts after a period of consolidation where the price is ranging and usualy the breakout from the range means the start of the trend. The trend can have a few retracements and will end in a new consolidation/ranging period, an so on.

3 EMAs or WMAs with typical 10,20,50 or so.....
This thread is like a goldmine with a ideas....thank you!

thanks for sharing this video,do you think there is a similarity in entering break of trend line as support or resistance is same as break of fractal lines? i use fractal break to enter and when i tried drawing support and resistance lines ,it corresponds to fractals,drawing trendlines is quite a tedious job,please share your expertise.thanks!