Simple Ways to Determine Trend Forex Market

In carrying out forex trading activities, traders have the freedom to choose a trading style that suits their character. However, for beginners, the trading style generally used is the type commonly used by most traders, namely the trend follow strategy.

To get maximum results, traders must be able to identify an ongoing trend. Without a good understanding of trends, it is certain that traders will have difficulty determining market entry positions. Unfortunately, trends are volatile and dynamic, so from time to time trends will continue to change.

Determining Minor Trends

Trends that are temporary and so on return to the main trend or continue the actual trend, the minor trend is the opposite price movement from the big trend time frame (major trend), usually minor trend movements are due to consolidation, or retrace on the time frame big, reversal, so if you look at the small time frame it looks like a trend is forming but only temporary and limited and then returns to follow the direction of the big time frame trend (major trend). Minor trends usually last from a few days to a few weeks.

Determining the Main Trend

Major Trends are trends that are usually carried out by traders whose targets are long-time or long, with monthly or yearly time frames. Major trends can last for years or even years.

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