Technical Analysis – Trend Following your Way to Big Profits

If you are exercising at any map of the currencies that are in trends. This is of course easy in retrospect.
Their input sync levels, and these developments is of course more difficult and the aim of all currency traders, however, 95% and not lose their money.
If you want or use it in the technical analysis, you need to know the basics of trend following and here are some tips on how to use the services.
Leta? View of S 3 types of trends and then look at some tips for trading with them:
1. Long-term trends
Since the currencies of the underlying health, the economy and take into account the economy, there are currency trends over months or even years, and this is the most important trend.
2. Intermediate trends
The last anywhere from a couple of weeks and months, the reactions in the primary trend.
3. Short-term trends
The last for a few days to a few weeks.
The above is for profit and trends can be traded, you negotiate with the downward trend style and personal taste.
Trends do not trade
Many of you have asked why we have ignored every day, and trends within a few days.
The answer is, we simply can not be marketed.
As you can see in retrospect, the data is not reliable on a day when all the newspapers and intra-day volatility is random.
If the data used to obtain the odds in your favor, you lose by the continuation of the trend, any form of technical analysis.
Next trend in a short time is a series of cups and thata? S why you never been a player with a history of profits.
To give such developments and to go with the best risk-return?
Well, that's the challenge for all Forex traders and as I said, is harder than most people think that? thata? s why 95% of losing traders.
Here we give some advice, if the currency exchange market trends and to capture the benefits:
1. The concept of support and resistance, and outbreaks of trade.
Ita? Sa fact that most major market moves from new market highs, the market down, so that when the eruptions that covered the movements are really great.
2. Support for the purchase or sale DONA resistance? T Predict
This is a great mistake, made the newcomers. Then you buy and support? Hopea? Property.
If you are following this trend, is a good way to lose. You are in the forecast, as they act on the confirmation.
They always wait for a test of support and use give an indication of the dynamics of a change of direction in his favor before entering the trade.
This confirms the support or resistance has been maintained and the momentum has reversed, you then have the odds in your favor
3. The differences between long-and short-term trend back
The concepts are generally the same, but there is a difference in my opinion one of the following long-and medium-and short-term trends.
With long-term and intermediate trend continues towards short-term transactions, you must use an objective.
Because the benefits are fewer and shorter trains in the second, which can disappear quickly, so be ?? Shock and Rune? and profits of the banks meet their goal.
The fact that more and set a goal below the consensus.
If the prices are usually focused on one level and the market is looking for us early to the bank.
4. Patience
Next trend has affected patient and stay out until you see an opportunity to their methodology.
Dona? Take time to trade? Only trade when the odds are in his favor.
The detection of trends and draw benefits from it's difficult, but with the right approach and trade only when the odds are in his favor may accumulate some big gains
Good Luck